Here is the vote today on H.R. 1586–this is the bill that would impose an additional tax on “certain” TARP recipients. Here is a press release from the Ways and Means Commttee. From the press release:
“The House of Representatives today gave overwhelming bipartisan support to H.R. 1586, legislation written by Ways and Means Committee Chairman Charles B. Rangel (D-NY), to tax the bonuses of highly paid individuals at a rate of 90 percent if their employer received more than $5 billion in Federal capital injections under the Troubled Asset Relief Program (TARP). The legislation passed the House by a vote of 328-93, drawing support from 85 Republican Members.”
Don’t worry, only the “rich” people at these entities (i.e. AIG, also known as a subsidiary of the federal government–it is 80% government-owned) are retroactively punished: “The 90 percent income tax on bonuses contained in H.R. 1586 only applies to taxpayers with adjusted gross income over $250,000 per year.” Actually, the tax applies to families with incomes over $250,000.
How did our fellow comrades in the NC House vote?
Democrats (7 of 8 in favor)
___________
Butterfield, G.K., North Carolina, 1st: Yes
Etheridge, Bob, North Carolina, 2nd: Yes
Kissell, Larry, North Carolina, 8th: No
McIntyre, Mike, North Carolina, 7th: Yes
Miller, Brad, North Carolina, 13th: Yes
Price, David, North Carolina, 4th: Yes
Shuler, Heath, North Carolina, 11th: Yes
Watt, Mel, North Carolina, 12th: Yes
Republicans (4 of 5 opposed)
__________
Coble, Howard, North Carolina, 6th: No
Foxx, Virginia, North Carolina, 5th: No
Jones, Walter B., North Carolina, 3rd: Yes
McHenry, Patrick T., North Carolina, 10th: No
Myrick, Sue, North Carolina, 9th: No
