Thursday, March 19, 2009

AP: Thirteen Companies Getting Bailouts Owe Back Taxes



The taxpayer revolt continues to gather steam with the latest corporate news- according to this Associated Press story- that 13 corporations that received Federal (taxpayer) bailout money owes back taxes to the IRS..


Congressional spokespeople say the identity of those 13 companies could not be "legally released" to the American press/public.

Meanwhile- Congress at this moment is "debating" (seems this should yield very LITTLE "debate") whether to tax the AIG bonus-getters 90% on those terribly obscene bonuses.

Again- Congress won't release the names of those AIG executives to the American press/public.

Congress should tax 100% of those bonuses- paid to people who drove a perfectly good company into the ground.

Is America rewarding failure and incompetence now?
____________

No comments:

Tornado Strikes Monroe LA With Confirmed Injuries

The tornado struck around noon on Easter Sunday. There is considerable damage repo rted in that northeastern Louisiana city of around 5000...