A couple of days ago, I mentioned how Jamie Dimon and his band of corporate lawyers were planning to fleece the people — again. They concocted a scheme to make sure that a ton of the fine money Jamie had agreed to shell out from the corporate treasury in the form of fines would, in fact, be tax deductible. But, whoa, wait a second — a couple of Democrats actually grew a set of balls.

A round of applause please for Peter Welch and Luis Gutierrez who actually showed some emotion and are trying to stop the fleecing of taxpayers:

Two House Democrats, outraged by the possibility that J.P. Morgan Chase & Co., may deduct much of the cost of a tentative $13 billion settlement with the government, have introduced legislation barring all companies from doing so.

Reps. Peter Welch (D., Vt.) and Luis Gutierrez (D., Ill.) introduced the “Stop Deducting Damages Act,“ which would amend the tax code to bar companies from deducting damages paid to the government from their taxes.

Now, how about taking it a step further: demand that Dimon pay part of the fine out of his own pocket. He’s not spending a day in jail and still has his job so at least make him pay a bit out of the tens of millions he pockets — part of his bounty from the pain suffered by millions of people hit by the crisis he engineered.