To that end, the Court has stated that a bill of attainder is any law that inflicts punishment on "named individuals or to easily ascertainable members of a group" without a judicial trial.[2] The punishment may be of a criminal nature, such as imprisonment or death, or it may be civil, such as denying an individual compensation.[3] Full Story »
Posted by Peter L. Combs
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Interesting analysis by a conservative Heritage Foundation analyst on the recent House bill imposing a special tax on bonus recipients of bailed-out firms. The author questions its legality and value, suggesting that the real problem is government intervention in the private sector. This article makes some reasonable points, though coming from a partisan perspective, and largely citing sources which reinforce its viewpoint.
There must be some way to reach a reasonable compromise. While I understand the public outcry against bonuses for bailed-out firms, the situation is ... More »
While the author is clearly approaching this issue from a biased perspective, he offers multi-layered arguments against the putative tax by Congress. Well done.
articles like this simply stake out the extreme church of free marketeering, and that is what we should expect from the Heritage Foundation. I think ... More »
An alternate legal view as well as an ethical one of the Bailout Tax. The writer points to the Constitutional aspects as well as the Historic background to the laws governing compensation. Also a look at the "Takings' Clause"/
Explains the Intent of the law of Bill of Attainder...it is very clear the AIG people are being targeted and perhaps Freddie Mac. Retroactive laws ... More »
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