THE UNITED STATES OF AMERICA IS GONE

Chucky Schumer announces RETROACTIVE Taxation.

WASHINGTON (Reuters) - A senior U.S. senator on Tuesday warned American International Group Inc. employees to return bonuses they are receiving or face being slapped with a major tax on those payments.
"They should voluntarily return them (the bonuses). If they don't we plan to tax virtually all of it," Senator Charles Schumer, a member of the Democratic leadership, said in a speech on the Senate floor.

You yeasty, weather-bitten wagtails in New York elected this guy to office, and some of you are proud of it.

For the first time ever, the United States government is poised to enact a RETROACTIVE tax on a large corporation (AIG), now owned by the American people.

We're not talking BACK taxes here...we are talking about writing a law to collect taxes on an activity that was LEGAL AND NOT TAXABLE...did you get that?...it WAS LEGAL AND NOT TAXABLE! at the time the corporation contracted for the afore mentioned bonuses.

You left-wing, spongy, rump-fed puttocks don't even understand what is fundamentally WRONG with that idea.

In the first place, the bonuses in question were CONTRACTED for LONG BEFORE the Spendulous Package was passed.

Secondly, the corporate stockholders, not the federal government, are the ones who make those decisions. They're the only ones who have any right to. Surely you leftists are smart enough to understand that...aren't you?

In the third place, passing a tax law that is RETROACTIVELY applicable opens the government door to every conceivable abuse (never mind that the law itself is a present abuse).

Well, what can you expect? It is, after all, the 57th day of President BO's War on Achievement.

Look, I hate that some corporate executives are grossly overpaid. Were I a stockholder in AIG I would voice my objections loudly and clearly.

Then the stockholders would vote and whatever they decided I would be stuck with.

The trouble is, there is not one leftist, not one Democrat, not one liberal and not very many Republicans who had the brains to foresee that a large "donation" of government (read: tax payer) money might be put in a pot from which those previously contracted bonuses would be taken.

NOT ONE!!!!

And now they're all surprised that AIG would have such gal.

That's why I can say without fear of contradiction that you are all a bunch of roguish, pottle-deep moldwarps, who don't know your middle finger from your earmarks.

Are you smart enough to know what it means if the government passes such legislation?

That means that they can then decide that something legal you did years...even decades...ago can now have a tax law enacted against it and the government can collect the taxes you didn't pay on something that was nontaxable at the time you did it.

You think that's OK?

What is wrong with you?

Are you some kind of pribbling, ill-nurtured maggot-pie?

Have you lost every vestige of reason you ever had?

Can you not see that such a lame-brained idea would mean the eventual loss of EVERY freedom you ever had, or imagined you should have?

Someone said (and no, I don't remember who...), "The ability to tax, is the ability to destroy."

What is about to be destroyed is The United States of America.

And you will sit quietly by and let it be so.