View Poll Results: Should the government tax bonuses paid to executives of bailed-out companies?

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    10 38.46%
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    16 61.54%
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Thread: Executive Bonuses Taxed?

  1. #31
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    Re: Executive Bonuses Taxed?

    I know that the bonuses are already taxed, the point of the article was that the Congressmen are wanting to place an even BIGGER tax on these bonuses paid out.

    Also, just so everyone knows, my question does not ask whether the bailout was necessary, it asks whether the bonuses should be taxed more or not.


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    Re: Executive Bonuses Taxed?

    Quote Originally Posted by Cilogy View Post
    I know that the bonuses are already taxed, the point of the article was that the Congressmen are wanting to place an even BIGGER tax on these bonuses paid out.

    Also, just so everyone knows, my question does not ask whether the bailout was necessary, it asks whether the bonuses should be taxed more or not.
    No. The idea of creating absurd additional taxes pulled out of your ass for a particular group of people in order to hijack money you gave them outright would be just more obscenity. The time to deal with the bonuses would have been before any bailout money was handed over. Congress knows and understands this. All the outrage by members of congress on tv and the radio currently is completely fabricated for our benefit.

  3. #33
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    Re: Executive Bonuses Taxed?

    Quote Originally Posted by Scarecrow Akhbar View Post
    No.

    The government shouldn't bail the companies out.

    Resolving issues of executive compensation....let the bankruptcy courts do that.

    It's what they're for.
    I agree; however, in this case it is too late.

    The taxpayers shouldn't be paying $1,000,000 bonuses to douchbag AIG executives.

    17 AIG executives got $1,000,000 bonuses; 11 quit as soon as they received these bonuses.

    These people basically stole from the taxpayers who funded the bailout.

    They need to be punished for thier dishonesty and greed.

  4. #34
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    Re: Executive Bonuses Taxed?

    Quote Originally Posted by talloulou View Post
    No. The idea of creating absurd additional taxes pulled out of your ass for a particular group of people in order to hijack money you gave them outright would be just more obscenity. The time to deal with the bonuses would have been before any bailout money was handed over. Congress knows and understands this. All the outrage by members of congress on tv and the radio currently is completely fabricated for our benefit.
    That bailout money was not intended to pay $1,000,000 bonuses to the very people who got us into this mess.

    That money was intended to stilmulate the economy and help make it possible for loads to be made.

    Those 17 executives had no business getting a bonus from taxpayer money.

  5. #35
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    Re: Executive Bonuses Taxed?

    Quote Originally Posted by Vader View Post
    That bailout money was not intended to pay $1,000,000 bonuses to the very people who got us into this mess.

    That money was intended to stilmulate the economy and help make it possible for loads to be made.

    Those 17 executives had no business getting a bonus from taxpayer money.
    Whose responsibility should it have been to decide whether or not AIG should be bailed out? Whose responsibility was it to come up with a $$$ figure for this bail out? Whose responsibility was it to ensure that Congress knew exactly how each dollar of all that $$$ was going to be spent??

    You don't grant a wide open loan/gift and then go back and place conditions upon it. You do that up front.

    If Congress is so surprised about the bonuses -they're not, they're liars and fakers- then what are we as the tax payer supposed to think about all the bail out money in its entirety? These bonuses are a teeny tiny portion of the monstrous bail out. Now congress is claiming to have been lost as to where this teeny tiny portion of the bail out was going.

    WHAT ABOUT THE FREAKING REST OF IT????

    Congress concerns me far more than AIG at the moment.

  6. #36
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    Re: Executive Bonuses Taxed?

    Quote Originally Posted by talloulou View Post
    Whose responsibility should it have been to decide whether or not AIG should be bailed out? Whose responsibility was it to come up with a $$$ figure for this bail out? Whose responsibility was it to ensure that Congress knew exactly how each dollar of all that $$$ was going to be spent??

    You don't grant a wide open loan/gift and then go back and place conditions upon it. You do that up front.

    If Congress is so surprised about the bonuses -they're not, they're liars and fakers- then what are we as the tax payer supposed to think about all the bail out money in its entirety? These bonuses are a teeny tiny portion of the monstrous bail out. Now congress is claiming to have been lost as to where this teeny tiny portion of the bail out was going.

    WHAT ABOUT THE FREAKING REST OF IT????

    Congress concerns me far more than AIG at the moment.
    It was the Bush administration that handed AIG the keys to the treasury, as usual we now have to clean up their mess.

  7. #37
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    Re: Executive Bonuses Taxed?

    Quote Originally Posted by WillRockwell View Post
    It was the Bush administration that handed AIG the keys to the treasury, as usual we now have to clean up their mess.
    More drivel.

    Tell us about Senator Dodd's removal of the specific clause of the contract that forbade bonuses to AIG execs.

  8. #38
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    Re: Executive Bonuses Taxed?

    Quote Originally Posted by talloulou View Post
    Whose responsibility should it have been to decide whether or not AIG should be bailed out? Whose responsibility was it to come up with a $$$ figure for this bail out? Whose responsibility was it to ensure that Congress knew exactly how each dollar of all that $$$ was going to be spent??

    You don't grant a wide open loan/gift and then go back and place conditions upon it. You do that up front.

    If Congress is so surprised about the bonuses -they're not, they're liars and fakers- then what are we as the tax payer supposed to think about all the bail out money in its entirety? These bonuses are a teeny tiny portion of the monstrous bail out. Now congress is claiming to have been lost as to where this teeny tiny portion of the bail out was going.

    WHAT ABOUT THE FREAKING REST OF IT????

    Congress concerns me far more than AIG at the moment.
    I still don't think the taxpayers need to be funding outrageous bonuses for a collection of corporate scumbags.

    That is NOT what that money is supposed to be used for.
    Last edited by Vader; 03-18-09 at 02:28 PM.

  9. #39
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    Re: Executive Bonuses Taxed?

    Quote Originally Posted by Goobieman View Post
    More drivel.

    Tell us about Senator Dodd's removal of the specific clause of the contract that forbade bonuses to AIG execs.
    If that is true, then Senator Dodd needs to be relieved of his duties.

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    Re: Executive Bonuses Taxed?

    Quote Originally Posted by Vader View Post
    I still don't think the taxpayers need to be funding outrageous bonuses to corporate scumbags.
    Nor do I. But your anger is pointed at the wrong people. The issue is congress. Obama is trying to make the issue these different people who received bonuses despite their company failing. Well AIG also gave money to Obama. Why doesn't he give that back???? See how stupid it gets.

    The problem isn't a corporation giving bonuses to it's employees. The bonuses were contractually agreed upon. If Congress didn't want the AIG people to get their bonuses they should have placed explicit conditions on the bail out funds.

    The truth is they knew, they didn't care, and now they are using AIG bonuses as a scapegoat to distract from the larger issues. Their aim is to point your anger in another direction vs where it should be; on them. Their defense is absurd. Basically, "We're stupid and we gave them lots of money and we didn't read the fine print cause we're morons so be mad at the big mean corporation, not us."

    Either way Congress is at fault. I don't see the benefit in their pretending to be outraged and fooled. How exactly is, "We're dumb and dumber," better than we're "lying crooks who don't give a rats ass about the American people as much as we care about completely re-organizing America to suit our agenda.?"

    You got me.

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