TYT: Why Wall Street Just Threatened Republicans
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*Wall Street is warning Washington Republicans: The money spigot is turning off.
Rep. Dave Camp's tax proposal which jacked up taxes on banks and threatens the bottom line of some major private equity players in New York has infuriated donors in high finance. Private equity and investment firms in New York are telling key Republican players in D.C. that commitments for big-dollar fundraising have been "canceled for the foreseeable future," according to one GOP lobbyist with knowledge of the conversations...* What about Democrats? The Young Turks host Cenk Uygur breaks it down.
Read more here from JAKE SHERMAN, ANNA PALMER and LAUREN FRENCH / Politico:
http://www.politico.com/story/2014/02/wall-street-republicans-dave-camp-bank-tax-reform-104065.html