Simon on CNBC: Should There Be A Bank Tax?
Simon went on CNBC's The Call this morning to talk about the various forms of bank taxes that have been proposed since this December. Whether the idea was a windfall tax on bank bonuses around the new year, or the more recent $19-billion tax on large banks and hedge funds that was cut from the financial regulations bill, many Americans are convinced that bankers need to be made to pay. For Simon, the main question is whether these taxes can help us to create the dynamic economy we need in the 21st century.
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