Saturday, March 21, 2009

Frosted Flakes: Pelosi & Reid

Are We A Banana Republic?

Powerline, March 20, 2009 Posted by John at 4:15 PM

I'm stupefied to find that some people are defending the constitutionality of Nancy Pelosi's discriminatory, confiscatory and retroactive tax on people who receive bonus income from companies that got TARP money. I would have considered it a bright line rule that the government can't identify a class of unpopular people and impose a special tax on them. What's next? A 100% income tax on registered Republicans, retroactive to last year? If Pelosi's bill passes muster, why not?

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