Loading...

Lungren Addresses AIG Bonuses

207 views

Loading...

Loading...

Transcript

The interactive transcript could not be loaded.

Loading...

Loading...

Rating is available when the video has been rented.
This feature is not available right now. Please try again later.
Published on Mar 20, 2009

Congressman Dan Lungren (R-CA) addresses the bonuses made to AIG executives using taxpayer dollars. Although the bonus payments are an outrageous and unjustifiable use of taxpayers' money, taxing the bonuses at confiscatory rates is unconstitutional. This sets a terrible precedent for the use of the tax code against other groups not favored by the government in the future. There are other legal and constitutional ways to get the money back and prevent this from happening in the future.

Comments are disabled for this video.
When autoplay is enabled, a suggested video will automatically play next.

Up next


to add this to Watch Later

Add to

Loading playlists...