donderdag 19 maart 2009

Bill would tax bonus cash

The idea to tax bonuses given to employees and coming from companies came up a while ago. Today the democratic leaders of the United States are willing to legalize this measure. This would mean 5 billion dollars more tax income each year. More money for the government could lead to an improvement of the American economy.

The measure would not only affect employees but also former employees. Bonuses for people with an income of more than 250 thousand dollars will be taxed at a 90% rate. The tax will affect every bonus that has been given after January the first of this year.

One of the democratic leaders said about the AIG executives who received bonuses that they’re not the type of people who can define equity and justice nor they know the difference. These people just don’t realize how rich they are and how many other Americans are undergoing financial problems. They don’t know how many pain they’ve caused for millions of Americans by receiving their huge bonuses.

A lot of tax money goes out to American companies. One of the objectives of this measure is to make sure that the money won’t be used again for paying employees by giving bonuses and until now people didn’t have to pay taxes on these bonuses. It was a sort of payment given to employees but the government couldn’t tax it. This measures solves this problem.

My personal opinion about this measure is pretty positive; I think it’s justified because most of the time it are rich Americans who have a nice job and get big bonuses and the normal Americans usually don’t get things like that. So the rich people become more rich and the poor ones become more poor. That’s just not fair so the measure certainly is a great idea to try to solve the gap between rich and poor in a capitalistic country like the United States.

Source: http://money.cnn.com

4 opmerkingen:

  1. According to me, the coming of these measure is really positive
    First of all it leads to more tax income for the government of the US. It will create more opportunities to solve the economic problems of today.
    Secondly, I agree with Niels, these measure tries to solve the gap between rich and poor.

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  2. Deze reactie is verwijderd door de auteur.

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  3. To my opinion, the measure of the tax bonuses is very promising. The government benefits from these measure, for instance it has more tax income. And moreover the 'rich' people enjoys bonuses, so the 'poor' people aren't the victims like Niels said. We'll have to see what the plan is worth on the ground...

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  4. Those tax measures are really necessary in my opinion. These days people are rewarded for all the things they do and not only for the good thins and that with the money of taxpayers and shareholders, that has to stop, so this is a good solution! I also agree with Niels his opinion about rich and poor.

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