I'm not sure what you are trying to say ODH. If Obama taxes ALL of the banks, like I think he said, then all of my competitors would be pushing the same costs onto the costumer. If you really think that any business of any kind doesn't push taxes onto the customer, then you are naive.
If he is only going to tax those that haven't paid, then he will probably find that legal battles will be held to see if that is just or not. I think he would be better off by letting them pay it off and leaving them alone. But, like you said, this is probably just posturing.
Wages and raw material costs, in general, go up while the price you pay for manufactured goods goes down. This is due to competition and why capitalism works.
Clearly there is market clearing price that dictates what people will pay for a product and the operating cost has to fall within a range that still allows a product to be offered at a price people will buy it at. So either you get low wages, shitty craftsmanship, unsafe working conditions, no health care for employees and so on but all costs of operation are passed on and built into a unit price.
IF taxes are raised they have to make that revenue up somewhere, they have to.
Charge a fee on banks to repay tarp funds
The banks that received TARP funds are being charged a 10% per annum interest rate already. Any additional fee charged to repay the loan will undoubtedly be forced onto the customer in terms of higher fees and higher interest rates. Fundamentally, it becomes tax on those that use the banking system and what you ultimately pay will be in direct relationship to how much you have placed in the bank, or how you much you take out in a loan.
Take a look at the feed your bank is charging this year versus two years ago. I have an old IRA that I have had with a bank for 15 years. They do nothing but hold the paper, no transactions, no work. This past September they doubled the fee I have to pay for the right for there computer to record the value. in my name.
Life's not the breaths you take, the breathing in and out that gets you through the day ain't what it's all about. It's the moments that take your breath away.
How much of the increase in price the customer will have to pay is dependent on the elasticity of the demand for the good. For some goods the consumer will pay just about all of the price increase, for others the producer will have to eat most of the costs.
There's no such thing as a pretty good aligator wrestler.
It seem odd to me that a bank who needed tarp funds are rewarding the people who got them into the mess to have to take the funds.