THE AMERICAN JOURNAL

Banks, experts eye possible ways around Obama fee

NEW YORK (Reuters) – No sooner does Washington propose a new tax than an army of experts tries to figure out ways to avoid it

That is already the case with U.S. President Barack Obama’s proposed fee on banks, designed to ensure that Wall Street banks pay up to $117 billion to reimburse taxpayers for the financial bailout: Bankers, lawyers and consultants are already considering ways to avoid paying the fee

Read more: Reuters

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January 14, 2010 - Posted by | Uncategorized | , , ,

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