Monday, November 7, 2011

Did you know that many of the AIG bonus recipients won't have to pay the 90% tax that Democrats just levied?

Many of the executives are working abroad and are not subject to domestic US taxation. The company was brought down by traders in London, so the people who were actually responsible for the company failing will actually be able to keep 100% of their bonuses (minus their country's taxes). Executives in the US who may have had nothing to do with it (and may have had divisions that performed well) will be forced to pay 90% of their bonuses.

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