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Reply #10: That's Why They Are Not Nullifying The Contract - They Are Taxing The Bonuses...... [View All]

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global1 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-19-09 06:17 PM
Response to Reply #6
10. That's Why They Are Not Nullifying The Contract - They Are Taxing The Bonuses......
Edited on Thu Mar-19-09 06:18 PM by global1
the questions are 1. can they do this retroactively from the first of the year; and 2. can they single out just a small segment of the population; and 3. is this constitutional?

I think Congress set criteria that this effects only the bonuses of those companies that took TARP or Bailout money and only on those employees that are at or above a certain $ earning level. So in response to another post in this thread - it would not effect those that accepted bonuses to stay on the job until the electronics chain closed their doors.




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