Update on the AIG ‘special tax’: Obama is SMART

Earlier this month, I wrote a quick post about the letters I sent to my state senators asking them to NOT support the special tax on AIG executives. At the time, Congress passed the special bill by an overwhelming majority.

However, our President is smarter and wiser than all of them. An article on March 23 from the Associated Press reads:

President Barack Obama says he cannot “govern out of anger” just because of public outrage over bonuses paid at financial institutions kept afloat by taxpayer dollars.

Frankly, I am very pleased with the news that he’s keeping his eye on the big picture, which includes corporate and human resources law. I am especially please since in doing so he is going against the stated wishes of Congress at a time when he is trying to garner support for his budget proposal.

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