General Discussion Undecided where to post - do it here. |
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#20 |
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Who cares? How the **** do you allocate all the tax revenues you're expecting (such that their absence at a later date would create a budget shortfall that would have to be made up via other funding sources) when you have no idea how much money is going to be coming in?
The point is that there would have been a huge number of bank mergers anyway without the elimination of the tax. You have no idea if this is true or not. Statements by Wells Fargo and others would indicate that it's not true. nothing gained by the tax payer. Except a healthier financial system. And an ownership stake in the banks that are strengthened by this change in the tax code and more likely to be profitable in the future thanks to the healthier financial system. |
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