House passes major tax on AIG bonuses

House passes major tax on AIG bonuses

The U.S. House passed a bill today requiring AIG and any other firms that receiving bailout cash to pay a 90-percent tax on any bonuses paid with the funds. The bill passed 328 to 93.

Minnesota's Rep. Erik Paulsen had created a similar bill that would have required AIG to pay back all of the bonuses paid out to executives. That bill didn't go through.

Check out how the Minnesota delegation voted below.

Read the full text of the bill here.

Here is the Minnesota roll call. The delegation split along party lines:
Ellison (D)
McCollum (D)
Oberstar (D)
Walz (D)
Peterson (D)

Bachmann (R)
Kline (R)
Paulsen (R)

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