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Old 12-11-2012, 07:53 PM
t walgamuth's Avatar
t walgamuth t walgamuth is online now
dieselarchitect
 
Join Date: Apr 2005
Location: Lafayette Indiana
Posts: 38,962
Quote:
Originally Posted by jplinville View Post
The AIG bailout began in September of 2008...4 months before Obama took office.

We're still on the hook to buy it back, if the treasury decides to do so.

Do the taxpayers have to pay taxes on the profit? If so, at which rate?
that's silly. The government does not pay taxes.
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[SIGPIC] Diesel loving autocrossing grandpa Architect. 08 Dodge 3/4 ton with Cummins & six speed; I have had about 35 benzes. I have a 39 Studebaker Coupe Express pickup in which I have had installed a 617 turbo and a five speed manual.[SIGPIC]

..I also have a 427 Cobra replica with an aluminum chassis.
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