Tax At Will

With the AIG thing steeling all the headlines right now I started thinking. Congress has been quick to respond to the bonuses that were paid to some at AIG. From what I can tell these bonus payments were already in place before the bill was approved. It seems that congress, who rushed this bill through without reading it, is to blame.

Then to make things worse they say they will tax the bonuses at 90%. They can do this just because they want to? I'm not sure I am comfortable with the government being able to tax at will whenever they want at at whatever rate they want. Especially when it's because of something they had a hand in.

A post for March

I wanted to make sure that I got at least one post in for March. I have just been too busy and by the time I sit down the energy isn't there. Happy St. Patrick's Day.