Submitted By Todd on March 19th at 5:03pm
Acting with lightning speed, the Democratic-led House has approved a bill to slap punishing taxes on big employee bonuses from firms bailed out by taxpayers.The vote was 328-93.So if you're a British citizen working in the London office, how much will this impact you?
Said House Speaker Nancy Pelosi: "We want our money back and we want our money back now for the taxpayers."And when the measure gets challenged in court for its obvious failure to pass constitutional muster, of what consequence will it have been?
Minority Leader John Boehner, R-Ohio, said the bill was "a political circus" diverting attention from why the administration hadn't done more to block the bonuses before they were paid.That's the good government people for you - changing the way Washington does business by making it more pathetic.