Here's the info on the 90% tax. (By the way, HAHAHAHAHAHAHAHAHAHAHAHAHA, omg! I love this shit.
The US House of Representatives last night overwhelmingly voted to slap a 90% tax on bonuses for top executives at bailed-out firms such as AIG.http://www.rte.ie/business/2009/0320/aig.html
Lawmakers voted 328-93 for the legislation as the outcry over the pay-outs raised the heat on Treasury Secretary Timothy Geithner.
'We want our money back, and we want our money back now,' Democratic House Speaker Nancy Pelosi said during the often bitter debate.
The 90% tax, written with AIG in mind, would apply to employees whose total annual pay exceeded $250,000 at firms which received more than $5 billion in government rescue funds.
'Today's vote rightly reflects the outrage that so many feel over the lavish bonuses that AIG provided its employees at the expense of the taxpayers who have kept this failed company afloat,' President Barack Obama said in a statement.