Thursday, February 28, 2013

Bloomberg and the Banks

from our friends at the Agenda Project:

- A recent Bloomberg View study found that the 10 largest U.S. banks receive an annual taxpayer subsidy of around $83 billion, or about 3 cents of every tax dollar. 
- The first year of sequestration cuts will cost around $85 billion or . . . wait for it . . . about 3 cents of every tax dollar.

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