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We should tax the banks more. Because their business model is so intimately tied to state power, they're not really just a business, like others. They're able
by jacknews 6y ago
We should tax the banks more.
Because their business model is so intimately tied to state power, they're not really just a business, like others. They're able to create fractional money on which they charge interest, customer deposits are state-insured, even they are almost always first in line for bailouts and other special treatment in challenging times.
They can also quite clearly afford to pay more.