Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
Normal
There are two key points that most people just don't get: Any tax placed on banks and investment houses will be passed on to the consumers, employees, and shareholders. This might as well be dipping right into our pockets, since every one of us uses a bank.People have the wrong idea about the big bonuses that everyone wants to hate. Most of these bonuses are nothing more than sales commissions that have been earned by hitting forcasted goals during the previous year. If you were a car salesman or a shoe salesman and the President said that all of your commissions would be taxed at 70%, how would you like that?Much of the TARP money has been paid back with interest. The money that is costing us the most went to Fannie Mae, Freddie Mac, and AIG which all go to pay bonuses. The rest of the pain is from the auto industry. How about taxing the wages of Union workers since they are part owners in GM now? Not a chance...
There are two key points that most people just don't get:
Much of the TARP money has been paid back with interest. The money that is costing us the most went to Fannie Mae, Freddie Mac, and AIG which all go to pay bonuses. The rest of the pain is from the auto industry. How about taxing the wages of Union workers since they are part owners in GM now? Not a chance...