Tampa port director target of Obama’s tax increase

If Barack Obama is elected president next week his tax plan for the wealthy will target our own Tampa Port Authority director who with this year’s bonus will earn over $250,000 in 2008.

That’s more than the yearly salary of the US Vice President ($208 thousand) and more than half the amount paid to the US President ($400 thousand).

According to the St Pete Times:

Tampa’s port director will get a nice bonus check after his bosses on the Tampa Port Authority board rated his performance as outstanding last week. The $7,350 “performance incentive award” for Richard Wainio represents 3 percent of his $245,000 base salary. A revision to the incentive program that went into effect two years ago made the awards a one-time bonus instead of adding them to port authority employee annual salaries.

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