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The time is now 6:28 am
You last visited
May 3, 2024, 5:24 am
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Eastern Time (GMT-5:00)
"Obama seeking tax on biggest banks
Published:
He just doesn't 'get it' .... anything that cuts into bankers' bottom line will be passed on to the consumer and result in higher fees for depositors.
___________________
"AP source: Obama seeking tax on biggest banks
" ......Asenior administration official said the tax, which officials arecalling a "financial crisis responsibility fee," would apply only tofinancial companies with assets of more than $50 billion. Those firms -estimated to amount to about 50 institutions - would have to pay thefee even though many did not accept any taxpayer assistance and mostothers already paid back their government infusions......."
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