Monday, January 25, 2010

No Reason For Special Bank Tax

I don’t see any reason why they should be paying a special tax. They are trying to punish people. I don’t see the rationale for it.

Look at the damage Fannie and Freddie caused, and they were run by the Congress. Should they have a special tax on congressmen because they let this thing happen to Freddie and Fannie? I don’t think so.

source: businessweek, warren buffett