Comments for Good Article in the WSJ on Bank Concentration at http://www.cepr.net , comment 1 to 1 out of 1 comments http://www.cepr.net Wed, 19 Jun 2013 20:11:47 +0100 FeedCreator 1.7.3 http://www.cepr.net/index.php/blogs/beat-the-press/good-article-in-the-wsj-on-bank-concentration#comment-1589 The only reason there's high bank concentration is due to stupid liberals and their government regulations, especially the flat tax on banks. Stupid liberals imposed a flat per-bank tax on each bank in order to reduce progressive taxes that take proportionately more from higher income, in a compromise with stupid conservatives to jump start the economy with reduced taxes. Banks realized that by concentrating through mergers, they could transform the flat, constant per-bank tax into a regressive, declining tax on increasing income based on fewer, larger banks. The only thing more stupid than stupid conservatives are stupid liberals who agree with them. - izzatzo Tue, 20 Jul 2010 03:26:13 +0100