Obama Bank Tax Looks to Raise $90 Billion in 10 Years The 0.15% tax on covered liabilities will stay in place until every penny of the TARP is paid, according to a senior White House official.
http://www.cnbc.com/id/34856884/
Most of these banks have repaid their TARP loans with interest. Now their being asked to pay for the loans to GM and Chrysler. It seems the Administration is finally throwing in the towel that they will see repayment on those loans. If this is fair then I guess the banks can go back to individuals they have lent money to, who have paid it back and charge them additional fees.
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