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House Approves Steep TARP Bonus Tax

By Jessica Dye (March 19, 2009, 12:00 AM EDT) -- After American International Group Inc. CEO Edward Liddy told the House of Representatives on Wednesday that there was nothing he could do to take back AIG's controversial retention bonuses, the House rushed to action by approving a 90 percent tax on all TARP-funded companies' bonus payments....

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