The Jury Talks Back

3/21/2009

Other Income to Tax

Filed under: Uncategorized — Kevin M @ 4:08 pm

Since taxing AIG bonuses at 90% seems popular (ignoring Article I, Section 9), some additional targets for Congress’ wrath:

  • Spammers
  • Abortionists
  • Cigarette manufacturers
  • Illegal aliens
  • Religious proselytizers (why not ignore that part of the Constitution, too?)
  • Cold callers
  • Daytime TV hosts
  • ACLU members
  • Gun shop owners

Et cetera

8 Comments

  1. Just out of curiosity, why was the possibility of demanding a shareholder meeting to revoke the bonuses every considered? I mean, the taxpayers basically own AIG at this point, why was it politically necessary to even get to the taxation of the bonuses in the first place?

    Comment by Batt Moon — 3/22/2009 @ 2:00 pm

  2. Because it would be welching on a contract. AIG didn’t go bankrupt (and a very good thing it didn’t), so the contracts stand. Courts would enforce them. Congress cannot void a contract, sayeth the Supreme Court about 210 years ago.

    Comment by Kevin Murphy — 3/22/2009 @ 10:40 pm

  3. I’d like to recover some money from politicians like Rangel and Dodd.

    Comment by Amphipolis — 3/23/2009 @ 5:18 am

  4. What do you have against gun shop owners?

    Comment by 509th Bob — 3/23/2009 @ 9:30 am

  5. Actually, the best group to tax at 90% would be all Federal elected officials, starting with the President and including Joe Biden, Harry Reid, and Nancy Pelosi (even if the rest exempt themselves).

    Comment by Sabba Hillel — 3/23/2009 @ 10:02 am

  6. bob —

    I have nothing against many of these, but all are demonized by some folks. No telling who controls Congress, so I would rather Congress not have power of this sort.

    Comment by Kevin Murphy — 3/23/2009 @ 10:22 am

  7. Sabba–

    Good luck with that.

    Comment by Kevin Murphy — 3/23/2009 @ 10:23 am

  8. I should have put a /sarc tag on that comment. Sorry.

    Comment by 509th Bob — 3/24/2009 @ 5:07 am

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