US Uncut Remember those massive fines against Wall Street banks - TopicsExpress

US Uncut Remember those massive fines against Wall Street banks for mortgage fraud? Well, the dirty little secret is the banks arent actually paying the fines, taxpayers are. A loophole allows banks to deduct 50-75% of the fines from their tax bill. Banks have so far deducted $40 billion in write-offs, which is more than double total welfare program for needy families. Share if you think taxpayers shouldnt be paying for Wall Streets crimes. Like our page US Uncut Source: bit.ly/1zAfm2n

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