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The Washington Independent
The Washington Independent

AIG Bonus Tax Passes 328-93

In the end a slight majority of Republicans opposed levying a 90 percent tax on bonuses for companies that take TARP money — another signal of how complicated

Ismaeel Delgado
News
Last updated: Jul 31, 2020 | Mar 19, 2009

In the end a slight majority of Republicans opposed levying a 90 percent tax on bonuses for companies that take TARP money — another signal of how complicated the populist politics of this issue are for the GOP.

Republicans are pushing two arguments now. One, that the scandal is not over until names are named (hint: one of them is “Chris Dodd”) and accountability is found for the bonuses. Two, that the House should listen to the GOP and empower the Treasury to regulate bonuses for executives who take TARP money.

Ismaeel Delgado | Ismaeel Delgado has been working for the Ministry of Information and Communications as a Technical Officer for the past five years. He is an Electronics and Communication Engineer with a Masters in Information and Communication Engineering. He is involved in the review, revision, redesign, and expansion of the required structure, legislation, laws, and technically relevant national planning and program for spectrum management based on ITU radio regulations as a technical officer in the Ministry of Information and Communications' Frequency Management Department.

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