Hi there,

Democracy Now!’s independent journalism is more vital than ever. We continue to spotlight the grassroots movements working to keep democracy alive. No time has been more crucial to amplify the voices that other outlets ignore. Please donate today, so we can keep delivering fact-based, fearless reporting. Every dollar makes a difference. Thank you so much!

Democracy Now!
Amy Goodman

Non-commercial news needs your support.

We rely on contributions from you, our viewers and listeners to do our work. If you visit us daily or weekly or even just once a month, now is a great time to make your monthly contribution.

Please do your part today.

Donate

White House Officials Oppose Tax on Wall Street Bonuses

HeadlineMar 23, 2009

Obama administration officials are expressing concern over moves by Congress to heavily tax Wall Street bonuses. Last week, the House voted to levy a 90 percent tax on bonuses paid since January 1 by companies that owe the government at least $5 billion in bailout loans. Jared Bernstein, Vice President Joe Biden’s top economic adviser, said the House bill is a “dangerous way to go.”

The original content of this program is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License. Please attribute legal copies of this work to democracynow.org. Some of the work(s) that this program incorporates, however, may be separately licensed. For further information or additional permissions, contact us.

Non-commercial news needs your support

We rely on contributions from our viewers and listeners to do our work.
Please do your part today.
Make a donation
Top