Government
Mar. 25, 2009
Administration Cool to Bonus Tax Legislation
President Barack Obama and members of his administration have apparently cooled on legislation to tax executive bonuses, raising questions about both the wisdom and legality of the plan.
Daily Journal Staff Writer WASHINGTON - President Barack Obama and members of his administration have apparently cooled on legislation to tax executive bonuses, raising questions about both the wisdom and legality of the plan. The questions echoed concerns raised by top legal experts about the constitutionality of legislation targeting such bonuses. Last week, the House of Representatives quickly passed the bonus tax bill after p...
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