H.R.4426 - Wall Street Bonus Tax Act

To amend the Internal Revenue Code of 1986 to impose a 50 percent tax on bonuses paid by TARP recipients. view all titles (2)

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Short: Wall Street Bonus Tax Act as introduced.
Official: To amend the Internal Revenue Code of 1986 to impose a 50 percent tax on bonuses paid by TARP recipients. as introduced.

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pramsey 04/14/2010 1:36pm

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So, my employer was deemed to important to fail, was offered and accepted TARP funds to help out. I do such a great job in 2010 that my employer gives me a nice bonus, and the federal government steps in and punishes ME by taking 1/2 of everything over $50K. Why do I get personaly punished for the prior poor performance of my employer? Not if I can help it!