Comments for Senator Brown is Concerned About a Tax Equal to 0.01 Percent of GDP at http://www.cepr.net , comment 1 to 4 out of 4 comments http://www.cepr.net Tue, 21 May 2013 11:41:22 +0100 FeedCreator 1.7.3 http://www.cepr.net/index.php/Blogs/Beat-the-Press/senator-brown-is-concerned-about-a-tax-equal-to-001-percent-of-gdp#comment-1216 Pin-up Boy Brown voted against the amendment that would have forced the banks to build a $50 billion fund to help bail them out the next time their greed gets them in trouble and they come crying to the treasury department. He also came out foursquare against any tax applied to Wall Street transactions. Now he's so against relatively small fees being levied against financial institutions that he is threatening to filibuster the entire bill. I guess the publicity involved in his introducing Elena Kagen to the Senate Judiciary committee on live teevee today wasn't enough - he craves more headlines. I hope the people of Massachusetts are happy. - Queen of Sheba Mon, 28 Jun 2010 10:58:17 +0100 http://www.cepr.net/index.php/Blogs/Beat-the-Press/senator-brown-is-concerned-about-a-tax-equal-to-001-percent-of-gdp#comment-1205 Please, get a grip, anyone knows that even the mere anticipation of regulation causes highly competitive companies to increase prices and fully pass through the expected losses, like the health insurers did. Look at it this way. Collecting a $5 fee for a $20 ATM withdrawal is actually $1 short of recovering the full pass through amount of $6 per person, so it's a discount with which anyone would be pleased. Senator Brown should be congratulated for understanding how such savings are created in a dynamic economy. Stupid liberals. - izzatzo Mon, 28 Jun 2010 05:07:19 +0100 http://www.cepr.net/index.php/Blogs/Beat-the-Press/senator-brown-is-concerned-about-a-tax-equal-to-001-percent-of-gdp#comment-1202 no joke- i withdrew $20 from an ATM and was charged a $5 fee!!!- where's the senator now?- where's my headline?- sigh- i guess only the little people pay usurous fees - frankenduf Mon, 28 Jun 2010 02:58:53 +0100 http://www.cepr.net/index.php/Blogs/Beat-the-Press/senator-brown-is-concerned-about-a-tax-equal-to-001-percent-of-gdp#comment-1198 Isn't it unwise to say "if it is fully passed on" by the financial institutions -- suggesting that it is strictly a matter of voluntary action by the banks unless out of the goodness of their hearts they give their customers a break? If we had real competition, they would have a hard time passing it all through. Do we have that? Doubt it. - urban legend Sun, 27 Jun 2010 17:11:03 +0100