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View Diary: 18 Billion Dollars? Talk is cheap - GIVE THE BONUSES BACK! (22 comments)

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  •  It is time to really tax bonuses (0+ / 0-)

    It is not just this latest round that is an outrage. For years the top end of the corporate food chain has been compensated by larger and larger bonuses. Many of these bonuses are designed to take advantage of tax loopholes and increase economic inequality.

    My solution: a Fat Cat Bonus Tax that would tax any and all bonuses paid over $250,000 at a 55% rate.

    Some may argue for a lower figure as the top line for the exemption from the Fat Cat Bonus Tax and I would be fine with that.

    Cheers

    Time to clean up DeLay's petri dish! Help CNMI guest workers find justice! Learn more at Unheard No More.

    by dengre on Fri Jan 30, 2009 at 06:58:37 AM PST

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