90% tax on bonuses....

Discussion in 'Blazers OT Forum' started by AgentDrazenPetrovic, Mar 19, 2009.

  1. PapaG

    PapaG Banned User BANNED

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    How would you feel about agreeing to a contract, having Congress approve that contract, and then having Democrats like Barney Frank demand that your name be given to the government and made public after receiving the bonus?
     
  2. barfo

    barfo triggered obsessive commie pinko boomer maniac Staff Member Global Moderator

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    That's not accurate. They were not guaranteed by the stimulus bill, they were left alone by the stimulus bill. The stimulus bill had no effect on the bonuses.

    barfo
     
  3. PapaG

    PapaG Banned User BANNED

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    Incorrect. They were a retroactive protection against TARP money bonuses. I suggest you educate yourself before commenting further on this.
     
  4. The_Lillard_King

    The_Lillard_King Westside

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    I wouldn't be happy about that . . . and probably more likely to give my bonus back because I was just made a villan by the gov't.

    Is it right, under that senario, it doesn't sound right . . . but I still don't think they deserved the bonuses and am glad gov't is trying to get it back.

    It really sickens me that in this time period, some people feel the entitlement to six figure bonuses when the private business they helped run into the ground needs financial bailout from taxpayers.
     
  5. barfo

    barfo triggered obsessive commie pinko boomer maniac Staff Member Global Moderator

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    Sorry, but you are wrong. The bill excluded the bonuses from the effect of the bill. It leaves the bonuses unchanged. It does not add any new protection for the bonuses, nor does it prevent later legislation from addressing the bonuses.

    barfo
     
  6. PapaG

    PapaG Banned User BANNED

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    Um, you just posted why they are protected.

    papag
     
  7. barfo

    barfo triggered obsessive commie pinko boomer maniac Staff Member Global Moderator

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    I think it's probably pointless to argue with you about this, since you don't seem to be able to grasp the difference between protection and exclusion.

    One last time though: the bill did not protect the bonuses. It simply did not change them. The stimulus bill had the exact same effect on the bonuses as the Iraq War authorization bill, the civil rights act, or any other bill you might want to mention. None whatsoever.

    barfo
     
  8. PapaG

    PapaG Banned User BANNED

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    The administration and Dodd both admit that the bonuses are protected unless legislation is enacted to specifically target the recpients of the bonuses. That's why there were hearings, and that's why there is a bill to tax these bonuses.

    You don't seem to be able to grasp the basic fundamentals of our system of government, PRODUCER.
     
  9. barfo

    barfo triggered obsessive commie pinko boomer maniac Staff Member Global Moderator

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    Well of course they are. The gummint can't just take your money without passing a law enabling it.
    The point is, the bonuses were protected in exactly the same way before the stimulus bill. The stimulus bill didn't change the status of the bonuses at all.

    Right, because the prior legislation didn't do that.

    I think producer is spelled in lower case. Check below my avatar.

    barfo
     
  10. PapaG

    PapaG Banned User BANNED

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    barfo pulls out the P-card. The OT forum is where the money is made.
     
  11. Minstrel

    Minstrel Top Of The Pops Global Moderator

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    There's money to be made as a PRODUCER? I was not informed of this on the hidden board where we mock PapaG and other posters who disagree with us.
     
  12. barfo

    barfo triggered obsessive commie pinko boomer maniac Staff Member Global Moderator

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    That's why we sent you out to bring in the goats. So we didn't have to share the booty, the ill-gotten booty.

    barfo
     
  13. Minstrel

    Minstrel Top Of The Pops Global Moderator

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    But I get to keep the goats, right? They will feed my family when the winter comes.
     
  14. PapaG

    PapaG Banned User BANNED

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    Why send the only guy with common sense out to tend to the goats?

    Or is he tending to the G.O.A.T., Ed O.? Because that does make sense.
     
  15. barfo

    barfo triggered obsessive commie pinko boomer maniac Staff Member Global Moderator

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    Well, after we sacrifice them, you can do what you will with the remains.

    barfo
     
  16. barfo

    barfo triggered obsessive commie pinko boomer maniac Staff Member Global Moderator

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    Just told you. So that we could steal his share of the producer booty.

    barfo
     
  17. Minstrel

    Minstrel Top Of The Pops Global Moderator

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    Sorry, you can't have this producer booty. It's stored safely inside my pants.
     
  18. barfo

    barfo triggered obsessive commie pinko boomer maniac Staff Member Global Moderator

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    Better check again, it's gone gone away. Beware of the booty pirates!

    barfo
     
  19. Minstrel

    Minstrel Top Of The Pops Global Moderator

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    Ninja defeats pirate.

    Oldest story in the book.
     
  20. barfo

    barfo triggered obsessive commie pinko boomer maniac Staff Member Global Moderator

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    Arrr! I was not expecting Wasabi the Pimp Ninja!

    barfo
     

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