Tarp Didn't Work, Tax Holiday Would

Sorrentino 3rd, Frank
August 2010
American Banker;8/18/2010, Vol. 175 Issue 127, p8
Trade Publication
The article presents the author's views on the U.S. Troubled Asset Relief Program (TARP) and tax holidays. The evolution of TARP into a capital injection program for the U.S. economy is mentioned. The default in repaying dividends to the TARP program by companies receiving bailouts is noted. The idea that a tax remission for banks could have a rippling effect on the economy is mentioned.


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