The American people are eager to see justice done, but Congress should not commit a greater injustice in their name. This legislation sets a dangerous precedent for a tax agenda that will eventually reach into every pocket in America.
mit seppuku, told The Washington Times, “We go to lawyers in making the legislation and we think the legislation is constitutional.” But not all in Congress agree, by any means. And President Obama, who is waiting to see what version of the bill comes to his desk, recently stated that “as a general proposition, you don’t want to be passing laws that are just targeting a handful of individuals.”
Congress would do well to review the Supreme Court case Nixon v. Administrator of General Services (1977). Justice congressional intent to punish.” There is no doubt that Congress sought to ride the current wave of public disapproval to penalize a specific group of people. House Ways and Means Committee Chair Charles Rangel, who sponsored the House bill, made a silly and disingenuous assertion Sunday that the bill has “nothing to do with AIG.” Au contraire, Speaker Nancy Pelosi’s official statement that “these AIG executives will pay the Treasury in the form of this tax,” strikes one as a smoking gun.