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Investment banking has, in recent years, resembled a casino, and the massive scale of gambling losses has dragged down traditional business and retail lending activities as banks try to rebuild their balance sheets. This was one aspect of modern financial liberalisation that had dire consequences. ↗
The way to connect with voters on the plan is to simply give the facts. Fifty per cent of taxpayers pay 97 per cent of the taxes. By most people's standards, that's already fair. The President is playing the class warfare card because he knows that a lot of people may never hear that particular fact. But it's a fact. ↗
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