Who Will Think of the Bank Tellers Receiving $10,000 Bonuses?

Shares

John Hinderaker of Powerline is enormously upset about the prospect of a banana republic developing in the United States, because we are about to start confiscating the hard-earned wealth of bank tellers:

Wells Fargo didn’t want any TARP money, but the government forced it to take more than $5 billion worth, so Wells Fargo employees who receive bonuses would be subject to Pelosi’s proposed tax. Say you’re a teller at a Wells Fargo branch in Minnesota and you’re married to a lawyer who makes $250,000 this year. You get a $10,000 bonus for your good work during 2008. The government steals it all (90 percent federal plus 8.5 percent state plus, unless it’s included in the 90 percent, 3 percent Medicare). That is simply insane.

Indeed, it is insane. Given that bank tellers average salaries of $22,000/year in the United States, it’s hard to imagine that many of them are taking home bonuses that equal half of their salaries.

Is there any scenario under which conservatives in this country will concede that highly-compensated individuals at financial companies need to begin paying  reasonable tax rate? Or that it’s incredibly irresponsible to award bonuses to the very people responsible for the economic crisis?

It appears not.

About the author

Don Pogreba

Don Pogreba is a eighteen-year teacher of English, former debate coach, and loyal, if often sad, fan of the San Diego Padres and Portland Timbers. He spends far too many hours of his life working at school and on his small business, Big Sky Debate.

His work has appeared in Politico and Rewire.

In the past few years, travel has become a priority, whether it’s a road trip to some little town in Montana or a museum of culture in Ísafjörður, Iceland.

98 Comments

Click here to post a comment

Leave a Reply

  • Thanks a ton for giving your opinions. As a writer, I am often in need of new and different approaches to look at a topic. I actually uncover great motivation in doing this. Thank you once again

  • Great items from anyone, man. I have be aware your stuff before and you’re simply remarkably great. I actually like what you may have acquired here, really like what that you’re stating and the greatest wherein you are announcing it. You are making it entertaining and you also continue to care for and keep it smart. I can not wait you just read far more from you. https://themontanapost.com/2009/03/21/who-will-think-of-the-bank-tellers-receiving-10000-bonuses/ is really an excellent site. balustrady

  • Please let me know if you’re looking for a article writer for your weblog. You have some really great posts and I feel I would be a good asset. If you ever want to take some of the load off, I’d really like to write some articles for your blog in exchange for a link back to mine. Please blast me an email if interested. Cheers!

  • One thing is one of the most prevalent incentives for utilizing your credit cards is a cash-back or maybe rebate supply. Generally, you’re going to get 1-5% back with various acquisitions. Depending on the card, you may get 1% back on most expenditures, and 5% again on expenses made from convenience stores, gasoline stations, grocery stores and also ‘member merchants’.

  • Denna guide skrevs för att assistera kunder välja bra och billiga webbhotell utan att skapa problem i framtiden. Ett flertal webbhotell är riktigt bra samtidigt som andra kan ställa till med onödiga problem för dig. Problemet med flera av de sämre webbhotellen är att de kör med oetisk och lögnaktig marknadsföring.

  • Hey! Someone in my Facebook group shared this website with us so I came to check it out. I’m definitely enjoying the information. I’m book-marking and will be tweeting this to my followers! Fantastic blog and brilliant design.

  • I have been exploring for a little for any high quality articles or weblog posts in this sort of area . Exploring in Yahoo I ultimately stumbled upon this web site. Studying this information So i am satisfied to show that I’ve a very excellent uncanny feeling I came upon just what I needed. I such a lot indubitably will make sure to don¡¦t put out of your mind this web site and give it a look regularly.

  • Amazing goods from you, man. I’ve comprehend your stuff previous to and you’re just too wonderful. I in fact like what you might have acquired here, certainly like what that you are saying and the way in which you say it. You make it entertaining and you nonetheless care for to keep it wise. I can’t wait to read far far more from you. This really is really a terrific website.

  • What¡¦s Happening i’m new to this, I stumbled upon this I have found It positively useful and it has aided me out loads. I am hoping to give a contribution & help different customers like its helped me. Great job.

  • You will find some fascinating closing dates on this post but I don’t know if I see all of them middle to heart. There’s some validity even so I’ll take preserve opinion until I appear into it further. Great write-up , thanks and we want extra! Added to FeedBurner as effectively

  • A lot of thanks for all of your effort on this site. Kim really likes engaging in investigations and it’s easy to see why. Many of us notice all regarding the powerful medium you present powerful solutions by means of this website and in addition cause contribution from other people on that matter then our favorite daughter is learning a great deal. Take pleasure in the remaining portion of the year. You are carrying out a tremendous job.

  • I as well as my pals came checking out the great secrets on your web blog and so at once I had a horrible feeling I never expressed respect to the web site owner for them. Most of the ladies ended up consequently warmed to learn all of them and have now unquestionably been tapping into them. We appreciate you turning out to be considerably thoughtful and then for pick out certain amazing topics most people are really eager to know about. Our honest apologies for not saying thanks to earlier.

  • I have read some good stuff here. Definitely worth bookmarking for revisiting. I surprise how much effort you put to create such a great informative website.

  • You will find some intriguing points at some point in this post but I do not determine if they all center to heart. There is some validity but I will take hold opinion until I look into it further. Very good write-up , thanks and then we want a lot more! Added to FeedBurner also

  • I have been looking further into this issue and appreciate your well written post on this matter. I have bookmarked Who Will Think of the Bank Tellers Receiving $10,000 Bonuses? so that I can point back to it and once again, thanks so much for the effort spent creating this post.

  • There exist a couple of many different distinct levels among the California Weight loss program and each and every a person is pretty critical. You are procedure stands out as the the actual giving up with all of the power. weight loss

  • Thanks for your article. One other thing is when you are advertising your property on your own, one of the difficulties you need to be cognizant of upfront is how to deal with home inspection records. As a FSBO supplier, the key towards successfully switching your property and saving money with real estate agent revenue is understanding. The more you understand, the smoother your sales effort will probably be. One area that this is particularly vital is reports.

  • Considerably, the submit is truly the finest on this worthy topic. I agree along along with your findings and in addition can thirstily look forward to Your own long term updates. Simply just saying a lot of thanks will not merely you need to be enough, for that fantastic clarity inside your writing. I will straight away grab your rss to remain up-to-date with any kind of improvements. Genuine perform and also a great deal success inside your company dealings!

  • I just wanted to write a small word so as to thank you for all of the marvelous guidelines you are giving at this site. My long internet look up has at the end of the day been rewarded with awesome facts and strategies to talk about with my visitors. I ‘d assume that many of us site visitors actually are rather endowed to be in a wonderful place with very many wonderful individuals with very helpful advice. I feel quite grateful to have discovered your entire webpage and look forward to really more thrilling moments reading here. Thanks a lot once again for a lot of things.

  • I want to show thanks to you for bailing me out of such a difficulty. After browsing throughout the world-wide-web and finding proposals which are not helpful, I was thinking my life was done. Being alive without the presence of strategies to the issues you have fixed by way of this guideline is a crucial case, and the kind that could have adversely damaged my entire career if I hadn’t encountered the blog. That training and kindness in dealing with the whole lot was very useful. I am not sure what I would have done if I had not discovered such a step like this. I’m able to at this point look ahead to my future. Thanks so much for your skilled and effective help. I won’t be reluctant to propose your web site to anybody who needs to have guidelines on this subject.

  • I have been surfing online more than 3 hours lately, yet I never found any fascinating article like yours. It is pretty value enough for me. Personally, if all site owners and bloggers made good content as you probably did, the net shall be much more useful than ever before.

%d bloggers like this: