{"id":464500,"date":"2010-03-23T16:15:47","date_gmt":"2010-03-23T20:15:47","guid":{"rendered":"tag:blogs.courant.com,2010:\/capitol_watch\/\/9.74544"},"modified":"2010-03-23T16:20:53","modified_gmt":"2010-03-23T20:20:53","slug":"blumenthal-tarp-bonuses-can-be-taxed-senate-democrats-pushing-for-surcharge-on-wall-street-bonuses","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/464500","title":{"rendered":"Blumenthal: TARP Bonuses Can Be Taxed; Senate Democrats Pushing For Surcharge On Wall Street Bonuses"},"content":{"rendered":"<p>Attorney General Richard Blumenthal issued a legal opinion Tuesday that taxing Wall Street bonuses in excess of $1 million is &#8220;likely constitutional.&#8221;<\/p>\n<p>The Senate Democrats have been seeking an income tax surcharge on bonuses that were awarded by companies that receive federal TARP bailout money.<\/p>\n<p>&#8220;In my opinion, a court would likely find the proposed tax on TARP bonuses to be a constitutional exercise of the state&#8217;s taxing power,&#8221; Blumenthal said in the opinion that was sought by Senate President Pro Tem Donald Williams of Killingly.<\/p>\n<p>The Courant&#8217;s longtime banking reporter, Kenneth Gosselin, has the details at <a href=\"http:\/\/www.courant.com\/business\/hc-bailout-money-taxes-0323,0,2042180.story\">http:\/\/www.courant.com\/business\/hc-bailout-money-taxes-0323,0,2042180.story<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Attorney General Richard Blumenthal issued a legal opinion Tuesday that taxing Wall Street bonuses in excess of $1 million is &#8220;likely constitutional.&#8221; The Senate Democrats have been seeking an income tax surcharge on bonuses that were awarded by companies that receive federal TARP bailout money. &#8220;In my opinion, a court would likely find the proposed [&hellip;]<\/p>\n","protected":false},"author":4001,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-464500","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/464500","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/4001"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=464500"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/464500\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=464500"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=464500"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=464500"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}