[EBH]

Your tax for 2008 will be 90%. There...how does it sound to you? You won’t even have enough left over to pay your state or local taxes.

This is evil on so many levels,

1. Congress wrote the bonus exemption into the original package.

2. Now they want to take it away with a tax. A tax ex post facto as a punishment to people who worked hard to minimize the total losses.

3. A tax at 90%!

4. And as Sherman pointed out...their coming back next week with further legislation in regards to bonus, commission, even employee of the week taxation. More than the already confiscatory 35% they get.

[AmusedBystander]

It seems there are nearly as many "conservatives" on this site who follow the populist mantra as there are communists in the Obama movement.

But that knee jerk mentality is what rabble-rousing community organizers need to succeed.

[KansasGirl]

An interesting twist to this. The original TARP required bailout money recovered to be used to pay down the national debt. These taxes bonuses will go to the general fund and be wasted on liberal entitlements.