Max Baucus, D-Montana, on Tuesday introduced a plan that would impose a hefty tax on retention bonuses paid to executives of companies that received federal bailout money or in which the United States has an equity interest.
The government's liberal noises on crime and counter-terrorism have aroused more anger on the right than its retention of the 50p top rate of income tax.
With respect to retention, the rule used to be that a tax preparer had to keep the checklist for 3 years after the June 30th following the date on the return.