Tell Congress: Support a "Bonus Tax"

AIG

Executives like AIG's CEO, Edward M. Liddy, have shown that they just don't understand accountability and responsibility.

If taxpayers hadn't come to AIG's rescue to the tune of $180 billion, the company wouldn't have been able to give out bonuses - let alone stay afloat. Despite this fact, AIG continues to reward executives for behavior that helped get us into our current economic crisis. Last week, the company gave bonuses to 418 employees, according to today's New York Times. That includes a total of $33.6 million doled out to 52 employees who have left the company!

It's time to take action. One solution to this problem of the way financial companies pay employees is legislation imposing a 100 percent tax on bonuses issued by companies receiving bailout money.

Write your representatives immediately and tell them to support a "bonus tax," and urge your friends and colleagues to do the same.

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November 21, 2017

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