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Obama’s Bank Tax Is Onerous, but "Banks Are Creative"

Jan 15, 2010 12:16 PM, By David A. Geracioti, VonAldo.com


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I don’t get it. I thought Treasury Secretary Tim Geithner said the government would earn—as in profit—from its TARP loans about $20 billion. So why all this nonsense about punitively taxing bankers’ bonuses and massive new taxes on big financial institutions to recoup taxpayer bailouts? For more, please go to VonAldo.com, the blog of Registered Rep. Editor-in-Chief David A. Geracioti


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