A majority of participants of a recent survey about the "Troubled Asset Relief Program tax" supported the tax when it was described as a "responsibility fee" that would "discourage big bonus payouts and ensure the big banks that caused the crisis pay for the bailout." However, about 40% of respondents opposed the fee when they were told banks would pass on the cost to consumers and restrict small-business lending.
Filed under: Tax, Tax Legislation
CPA411 