Senators Unveil AIG-Inspired Bonus Taxation Proposal | Talking Points Memo

Senate Finance Committee Chairman Max Baucus (D-MT) and his GOP counterpart, Sen. Chuck Grassley (IA), have unveiled a plan to prevent future AIG-type bonuses from getting paid out by imposing a 35% excise tax on both individuals and companies involved in such awards.


This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=144790