Taxing Executive Bonuses Paid By Companies Receiving TARP Assistance

Floor Speech

Date: March 19, 2009
Location: Washington, DC

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Mr. DAVIS of Illinois. Thank you very much, Mr. Chairman.

Mr. Speaker, where I live on Main Street in America, if you get something that you didn't deserve, or if you get something that was unwarranted, you either give it back or it's taken back. It's my position that these bonuses were unwarranted, not deserved.

If they are not going to give them back, then we are going to take them back, and I know that the people in mainstream America will applaud us.

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