A real conservative. /sarc.
http://bigstory.ap.org/article/irs-commissioner-shulman-step-down
As commissioner, Shulman was responsible for delivering about $300 billion, or some 40 percent, of the funds made available in President Barack Obama’s 2009 stimulus package...
(snip)
Treasury Secretary Timothy Geithner, in a statement, said Shulman’s “work at the IRS, from fighting tax evasion to modernizing technology, has helped make the nation’s tax system more fair, efficient, and effective.”
http://abcnews.go.com/blogs/politics/2009/03/the-aig-bonus-t/
Call it the AIG Bonus Tax. Senate Finance Chairman Max Baucus (D-MT) is working to put the idea into law. At a hearing today, he asked IRS Commissioner Douglas Shulman, “What’s the highest excise tax we can impose that will stand up in court?” Shulman said he’d have to get back to Baucus on that, but promised to work with the Senate a drafting the new AIG bonus tax. Senator Schumer, Senate Majority Leader Harry Reid and six other Democratic Senators have written a letter to AIG Chairman Edward Liddy demanding the bonuses be rescinded. If he doesn’t rescind them, the letter warns, the bonuses will be taxed away.
BUMP.
Very interesting!!
Thanks for digging up that little nugget of gold!