Chuck Schumer seems to tip our government's hand, showing the arrogance of congress and their belief that they can just tax the daylights out of anything they don't like. They've been doing it with tobacco for a long time already and now Schumer tells AIG that congress "will tax it 100%", referring to the bonus money the company's top executives are slated to receive.
Personally, I find it rather frightening when politicians begin to flex their imaginary muscles in such a manner.
Wednesday, March 18, 2009
Taxation Without Representation
Labels:
arrogance of congress,
Schumer AIG
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