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  • Proposed bank tax targets revenge, not reform, economist says

    Charles Kahn, an economist and the head of the U. of I. finance department, says the Obama administration's tax plan is flawed as a long-term safeguard against risk-taking by banks that fueled the nation's deepest economic crisis since the Great Depression.

    Charles Kahn, an economist and the head of the U. of I. finance department, says the Obama administration's tax plan is flawed as a long-term safeguard against risk-taking by banks that fueled the nation's deepest economic crisis since the Great Depression.

    Photo courtesy College of Business

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