Taxing banks Not Good for Economy.
Mr President Obama and his attempt to pacify some people with in the circle of liberal and capitalist haters says he will tax the bank more.
This is one of the goofiest thoughts among others.
banks provide loans and the means to help start some business who will employ people.
If the US Goverment taxes the banks it will in no way hurt them but what it will do is increase the rates of loans and increase the other already outrages charges that banks already have like three to four dollars at a atm.
this in like manner will increase the price of goods and services because the business who will use banks will pay the tax increase as well as those who have accounts who are getting hit with outrages fees among those will be the elderly and those on a fixed income.
Taxing the financial institutions does not help in no way create ot help the economy it hurts it even further.
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