Argument: Bank tax unfairly targets biggest 50 banks

Issue Report: 2010 US bank tax


Christopher Beam. “Bank Shot.” Slate. January 14, 2010: “Nowhere does the [bailout] legislation say that the 50 biggest firms have to pay back the loans. That responsibility could have fallen to any number of financial institutions. It was the Obama administration’s idea to focus on the big guys—a decision that’s hard to explain entirely in nonpolitical terms.”