ducknwork
01-14-2010, 01:28 PM
http://finance.yahoo.com/news/Obama-tells-banks-We-want-our-apf-1137481979.html?x=0&sec=topStories&pos=main&asset=&ccode=
Obama wants to get our money back! Sounds great, but another tax? This part doesn't make much sense to me....
The proposed 0.15 percent tax on the liabilities of large financial institutions would apply only to those companies with assets of more than $50 billion -- a group estimated at about 50. Administration officials estimate that 60 percent of the revenue would come from the 10 biggest ones.
They would have to pay up even though many did not accept any taxpayer assistance and most that did have repaid the infusions.
:rolleyes:
Obama wants to get our money back! Sounds great, but another tax? This part doesn't make much sense to me....
The proposed 0.15 percent tax on the liabilities of large financial institutions would apply only to those companies with assets of more than $50 billion -- a group estimated at about 50. Administration officials estimate that 60 percent of the revenue would come from the 10 biggest ones.
They would have to pay up even though many did not accept any taxpayer assistance and most that did have repaid the infusions.
:rolleyes: