House Votes to Impose 90 Percent Taxes on Bonuses From Firms That Took U.S. Bailouts
1) If they impose the 90 % tax, the employee will quit. Why work for a firm with a 90% tax bracket.
2) And what's worse Congress keeps pushing off the blame of the economic crisis on the financial institutions. Congress need to take a look in the mirror and impose a 90% tax on themselves. To be fair. Congress is as much to blame for their lacked regulation.
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