{"id":972,"date":"2009-03-19T16:09:43","date_gmt":"2009-03-20T00:09:43","guid":{"rendered":"http:\/\/hodakvalue.com\/blog\/?p=972"},"modified":"2009-03-19T16:27:13","modified_gmt":"2009-03-20T00:27:13","slug":"congress-passes-marriage-penalty-for-bankers","status":"publish","type":"post","link":"http:\/\/hodakvalue.com\/blog\/congress-passes-marriage-penalty-for-bankers\/","title":{"rendered":"Congress passes extreme marriage penalty for bankers"},"content":{"rendered":"<p>There are so many unintended consequences that would pop out of the <a href=\"http:\/\/www.businessinsider.com\/full-text-of-the-90-bonus-tax-bill-2009-3\">90 percent tax on bail-out bankers<\/a> that it could keep this blogger busy for days.\u00a0 Unfortunately, I&#8217;ll probably be way too busy helping set up the management companies that will supplant every last employee at a major bank without &#8220;assistant&#8221; in their title.<\/p>\n<p>One of the first drivers for this won&#8217;t be, as many suppose, the people making over $250K.\u00a0 It will be people married to working spouses.\u00a0 The $250K limit applies to <em>household <\/em>income.\u00a0 So, if your husband or wife is a New York lawyer, your household income is $250,000 before Morgan has paid you your first dollar.\u00a0 Everything above that is gone as soon as it hits your bank account.\u00a0 You may, in fact, owe money on your earnings.<\/p>\n<p>So, sorry honey, I don&#8217;t care how much the taxpayers need you to protect what little they have in that big &#8216;ole bank.\u00a0 Our nanny now makes more than you do, so find another job, or stay home and watch the kids.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>There are so many unintended consequences that would pop out of the 90 percent tax on bail-out bankers that it could keep this blogger busy for days.\u00a0 Unfortunately, I&#8217;ll probably be way too busy helping set up the management companies that will supplant every last employee at a major bank without &#8220;assistant&#8221; in their title. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23,9],"tags":[],"class_list":["post-972","post","type-post","status-publish","format-standard","hentry","category-stupid-laws","category-unintended-consequences"],"_links":{"self":[{"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/posts\/972","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/comments?post=972"}],"version-history":[{"count":6,"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/posts\/972\/revisions"}],"predecessor-version":[{"id":978,"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/posts\/972\/revisions\/978"}],"wp:attachment":[{"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/media?parent=972"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/categories?post=972"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/tags?post=972"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}