90%? Seriously?

So I've been hearing all day about the plan by congress to tax some AIG bonus recipients as much as 90% of the total bonus. Oh, and the same news sources have said something to the effect that such a tax would serve as a warning to other businesses.

Honestly I think if anyone should take a warning from this it should be individual taxpayers. This action by congress should make it clear to each and every individual that there is no limit to the level of greed in our current government. If they can get away with taxing this small group of people 90% on these bonuses, what is to stop them from picking another small group, and another, and another... until they find a reason to tax each and every one of us this much for one of a million reasons.

And has it occurred to anyone to consider that AIG might have thought this through before cutting the checks? According to a couple of news sources AIG looked into the legal consequences of not giving these bonuses out and found that they would take on an unacceptable risk if they chose to break the contracts they had with these employees. No matter how much we as individuals may dislike what was done within this company and the effect it has had on our economy, no amount of government bail out money does or should nullify pre-existing contracts the company had with its employees. Perhaps when our congress was jamming this bailout through they should have considered that handing AIG a crisp new dollar gains them no right to dictate how they spend that dollar.