House passes bill taxing AIG and other bonuses  —  Featured Topics: - Barack Obama - Presidential Transition  —  WASHINGTON - Acting swiftly, the Democratic-led House approved a bill Thursday to slap punishing taxes on big employee bonuses at firms bailed out by taxpayers.

House Passes Heavy Tax on Bonuses at Rescued Firms  —  WASHINGTON — Spurred on by a tidal wave of public anger over bonuses paid to executives of the foundering American International Group, the House voted 328 to 93 on Thursday to get back most of the money by levying a 90 percent tax on it.

House OKs 90 percent tax on bailout bonsues  —  The House voted overwhelmingly Thursday to use the tax code to retrieve $165 million in bonuses that were paid out by the bailed-out insurer AIG.  —  The measure, which also applies to bonuses at other large bailed-out companies, passed 328-93.

No New Taxes  —  I deplore this confiscatory tax aimed at whoever Congress is mad at today.  Right now it's AIG and Fannie Mae; later it will be Merrill and Citibank, and eventually it will be defense contractors, profiteering oil executives, or whomever the Congressional Dems single out as their whipping boy du jour.