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Neil Cavuto – The Constitutionality of the Proposed Bank Tax & Its Economic Effects

Posted on January 14, 2010
Filed Under Economics, WebVideo | 1 Comment

Judge Napolitano argues persuasively on the constitutional implications of Today’s announced aim by the Obama administration to tax banks selectively rather than conform to constitutional expectation that the government treat similarly situated people in a similar way. It cannot pick and choose but must proceed in treating with relative equality. The same with these banks – The problem in this example is that the Federal Government recognizes no limitation on its power. It thinks it can regulate any activity and to tax any event with abandon.

Comments

One Response to “Neil Cavuto – The Constitutionality of the Proposed Bank Tax & Its Economic Effects”

  1. Brenda Le on January 14th, 2010 11:34 pm

    If this happens, we will lose more jobs and take even longer to recover.