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Thread: New legislation re Bonus'
03-19-2009, 09:03 PM #1
New legislation re Bonus'
What do you guys think of the new legislation proposed regarding Firms that receved TARP money and the taxing of bonus' paid to employees of those firms? New law would require taxation of a bonus by 90% if your income is over 250. example. you make 150 and get a 150 bonus, you'd get taced on the bonus at a 90% rate. (not to mention the other tax you would owe on your base salary).. Comments?08 Colorado Z71
95 GMC 2500 Ex Cab
87 BMW 325is
04 BMW 325xi (wifey)
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