AIG Bonus Tax Passes 328-93
In the end a slight majority of Republicans opposed levying a 90 percent tax on bonuses for companies that take TARP money — another signal of how complicated
Jul 31, 2020288.1K Shares4M Views
In the end a slight majority of Republicansopposed levying a 90 percent tax on bonuses for companies that take TARP money — another signal of how complicated the populist politics of this issue are for the GOP.
Republicans are pushing two arguments now. One, that the scandal is not over until names are named (hint: one of them is “Chris Dodd”) and accountability is found for the bonuses. Two, that the Houseshould listen to the GOPand empower the Treasury to regulate bonuses for executives who take TARP money.
Paolo Reyna
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Paolo Reyna is a writer and storyteller with a wide range of interests. He graduated from New York University with a Bachelor of Arts in Journalism and Media Studies.
Paolo enjoys writing about celebrity culture, gaming, visual arts, and events. He has a keen eye for trends in popular culture and an enthusiasm for exploring new ideas. Paolo's writing aims to inform and entertain while providing fresh perspectives on the topics that interest him most.
In his free time, he loves to travel, watch films, read books, and socialize with friends.
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