Senate Finance Chairman Suggests Excise Tax on AIG

by Benjamin Domenech on 12:44 pm March 17, 2009

WASHINGTON -(Dow Jones)- Senate Finance Committee Chairman Max Baucus, D- Mont., suggested Tuesday he and other lawmakers will pressure the Internal Revenue Service to impose hefty excise taxes on bonuses paid to executives of American International Group Inc. (AIG) that have stirred outrage.

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