Thursday, March 19, 2009

"THE TAX WEAPON"

That's the Drudge Report title linking to:

House passes bill taxing fat AIG and other bonuses


On the way back from Michigan today (I was there and in Canada on vacation) I said to my captive audience (Mrs. Shomes and Sherlock Jr.) that I was deeply troubled by the House using taxes as punishment. I went on to say:

"What would happen if they decided that the huge salaries of sports figures were 'bad' and went after them with a 90% tax? What would be said then? What if they decided that other groups in the USA were 'bad?' This is a slippery slope!"

No comments: