A large majority also want to tax Wall Street profits to reduce the federal budget deficit. With U.S. unemployment at 9.8 percent, resentment of bonuses and banking profits unites Americans across political, gender, age and income groups. JPMorgan Chase & Co. Chairman and Chief Executive Officer Jamie Dimon got a bonus package for 2009 valued at $17 million. That’s a bonus for one guy. We have officially enterd the middle ages when the rich were in the castles and the very poor lurked in poverty around the massive structures.
The American people bailed these large firms out and immediately they paid their employees very large bonuses. I blame this atrocity on the current administration for not at least creating a congressional committee to oversee the distribution of our bail out money. Cash bonuses to securities industry employees in New York City grew 17 percent to $20.3 billion, for work in 2009. U.S. Sen. Jim Webb, D-Va., this year proposed a 50 percent tax on bonuses of more than $400,000, though it failed to win backing from Congress or the Obama administration. Screw you taxpayers the fat cats in Congress and our savior Obama just turned their backs on you . Happy New Year. Not.