George Will, guest-posting chez Berube:
But hope is not a financial plan, and rewards come only to those who work for them. It is time for the Democrats to grow up, learn the lessons of adulthood, and begin dismantling a tax system which creates so many disincentives to wealth creation. Justice demands that bonuses must be paid, yes. But true justice demands that bonuses be tax-free.
The WSJ editorial page on “the real AIG outrage,” a piece that appears to have been written by Hank Greenberg’s publicist:
AIG can argue that it needs to pay top dollar to survive in an ultra-competitive business, or it can argue that it offers services not otherwise available in the market, but not both.