See George Lobby: “Why Not Tax” Bankers’ Bonuses?

January 11, 2010 by  
Filed under FairTax News

— ABC’s Good Morning America, December 14.

Co-host George Stephanopoulos: “Let’s talk about the bonuses you mentioned. Is the President going to tell them [bankers], flatly, ‘Don’t take them?’”
White House advisor David Axelrod: “Well, I think he’s going to talk to them about the implications of those bonuses….But our principal focus is how do we get the economy moving again? How do we create jobs? And that means getting credit to small businesses and medium-sized businesses.”
Stephanopoulos: “David, why not tax the bonuses? Britain last week announced that they’re going to have a big windfall tax, a one-time tax on these big bonuses this year because the banks got so much help. Why not do that?”

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