Wednesday, May 23, 2012 | Privacy Policy
News:
Dem Congressman introduces 50% tax on bonuses
Rep. Peter Welch (D-Vt.) will introduce legislation that would impose a 50% tax on excessive bonuses at firms that received bailout funds. The "Wall Street Bonus Tax Act" would apply only to bonuses over $50,000, and would use the tax revenue to support loans to small businesses.
View Source: http://thehill.com/blogs/blog-briefing-room/news/75459-dem-congressman-introduced-50-tax-on-bonuses
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