3.24.2009

Senate will delay action on punitive tax on bonuses

Oh, they're so concerned about their buddies. Isn't that sweet? Don't you wish they cared about all of us as much as they care about their rich friends? - Ed.

Jarred by a cool reception from the White House and fears of unintended consequences across the financial world, Senate leaders are likely to delay until late next month legislation to punitively tax bonuses at banks and investment firms that receive federal aid.

Read more @ Washington Post

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