All Commentary
Tuesday, January 12, 2010

New Tax on Finance Industry Contemplated

“As Wall Street prepares to pay rich bonuses once again, Obama administration officials are considering a new tax on the financial industry — a move that could temper resentment over banking’s rapid recovery at a time when more than 15 million Americans remain out of work.” (Los Angeles Times, Tuesday)

When in doubt, tax it.

FEE Timely Classic
“Taxation as Vandalism” by Lachlan Markay