Argument: Bailout benefited taxpayers; repayment unnecessary

Issue Report: 2010 US bank tax


Holman W. Jenkins. “Bashing Bankers Is a Political Duty.” Wall Street Journal. January 13, 2010: “didn’t taxpayers bail out the financial system, so don’t taxpayers deserve the bonuses? No. Taxpayers (aka voters) were acting in their own interests in bailing out the system. They weren’t doing anybody a favor.”