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Monday, March 23, 2009

 
My Reaction To The AIG Bonuses Story

Said in comments here:

A government that doles out HUNDREDS OF BILLIONS OF DOLLARS IN PATRONAGE has no moral position to criticize AIG giving less than one-one-thousandth of that sum to employees to whom AIG is contractually obligated to reward for their services.

Update: The 90% tax Democrats in Congress want to pass actually raises the total tax burden to about 102 percent, when other taxes are factored in.

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