Tuesday, March 17, 2009

New bill would tax AIG bonuses at 100 percent

The $165 million in bonuses set to go to American International Group executives would be taxed at 100 percent under a new bill introduced Tuesday in the House. President Barack Obama is moving to block the AIG bonuses, but it's unclear whether he can get the payments back from the company, which is awaiting a $30-million installment in fed bailout

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