White House Aides: AIG Bonus Tax 'Dangerous'

By Kevin Spak,  Newser Staff
Posted Mar 23, 2009 7:41 AM CDT
In this March 16, 2009 file photo, Treasury Secretary Timothy Geithner, left, looks at President Obama as they meet with small business owners and community lenders at the White House in Washington.   (AP Photo/Gerald Herbert, File)
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(Newser) – The White House might not be onboard with bills sprinting through Congress to tax away AIG’s outrage-inducing bonuses. Top White House financial advisers are reacting coolly to the suggestion, the Washington Post reports. “The president has been clear we don’t want to govern out of anger,” said one economic official.

“The House bill may go too far in terms of some legal issues, constitutional validity, using the tax code to surgically punish a small group," said Joe Biden's top economic adviser. "That may be a dangerous way to go."