http://www.nytimes.com/2010/01/15/us/15tax.html?ref=business
"I think it is entirely reasonable to say that the industry that, A, caused these problems more than any other and, B, benefited from the activity, should be contributing," said Democratic Rep. Barney Frank of Massachusetts, chairman of the House Financial Services Committee.
"Politics have overtaken the economics," said Scott Talbott, the chief lobbyist for the Financial Services Roundtable, a group representing large Wall Street institutions. "This is a punitive tax on companies that repaid TARP in full or never took TARP."
Even before details came out, Jamie Dimon, chief executive of JPMorgan Chase & Co., said: "Using tax policy to punish people is a bad idea."
What do you think?
