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Legal News

: Yahoo Law News

Bonus taxes legal, but push constitutional boundaries, law expert says (Richmond Times-Dispatch)

By Wire Services

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UR expert critical of taxes on bonuses Public outrage over bonuses paid to executives at AIG and other firms that have received federal bailout money is no legal justification for the government to put hefty taxes on those bonuses, a law professor at the University of Richmond said yesterday. ?The right motive is putting out the fire?remedy, not retribution,? said John Paul Jones, who teaches ...

Full post as published by Yahoo Law News on March 21, 2009 (boomark / email).

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