Bailout Update: AIG Sues United States!

Sweet shit in a bucket! In follow up news to my earlier post about giving AIG yet another bailout, AIG is suing us!

The insurer filed the lawsuit on Friday because of a dispute with the IRS over $306 million in taxes, interest and penalties. An AIG spokesperson explained, “AIG is taking this action to ensure that it is not required to pay more than its fair share of taxes.”

Of course, that means we (the taxpayer) get to pay for their lawyers, and IRS’s lawyers, and then whatever the outcome we will be either paying for or failing to obtain the disputed money.

It’s MADNESS!

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~ by Gabriel Malor on March 2, 2009.

 
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