Allen wrote: "Some idiot congressman is on TV now proposing a 60% tax
surcharge on "excess" executive pay in companies that have taken bail-out
money.
That's right a 95% tax rate."
Senator Chris Dodd proposed a 90% tax on those bonuses last night. The same
Senator Dodd that got a sweetheart VIP house buying deal from AIG. The same
Senator Dodd that added a clause in the stimulus package to exclude any
contract bonus deals that had occurred before 2/11/09.
He must have forgot. Just like he did not realize his house deal was
special. Good thing he's not in a position of power.
Harry
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