Sumthin wrong with this picture-- “This is so that, when a future set of lawmakers want to do tax reform, they view this as a nonstarter,” said one senior financial industry executive. Banking groups big and small are making their opposition to the bank tax well known, even though the proposal would only hit the sector’s largest titans. “We don’t want even the germ of this idea to take root and sprout and begin to grow,” said Camden Fine, chief executive of the Independent Community Bankers of America. “We need to eradicate this right from the start.” Banking groups are meeting with lawmakers and their staff, and are keying in on top leaders. The industry carries significant fundraising clout as a top donor to both parties. thehill/blogs/on-the-money/domestic-taxes/201432-wall-streets-warning-shot-to-ryan
Posted on: Sun, 23 Mar 2014 19:11:35 +0000
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