Bank Tax Plan Draws Ire of House GOP

Kaper, Stacy
January 2010
American Banker;1/13/2010, Vol. 175 Issue 7, p3
Trade Publication
The author reports that U.S. House Republicans oppose a bank tax proposal by the administration of President Barack Obama. The plan is designed to recoup taxpayer monies used to bail out the financial industry. Republican members of the House Financial Services Committee feel the proposal runs counter to the goal of increasing access to capital to stimulate economic recovery.


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