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Spokane, Washington  Est. May 19, 1883

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Citibank Gets Massive Tax Breaks

Item: US granted Citibank 'massive tax exemptions'/AFP

More Info: The US federal government has exempted Citibank and a number of other financial institutions that received bailout funds from paying billions of dollars in taxes, the Washington Post reported. The Post said Wednesday that tax exemptions were offered to several companies partially owned by the government, including Citibank, which "will be allowed to retain billions of dollars worth of tax breaks that otherwise would decline in value when the government sells its stake to private investors."

Question: Do you support the move to give Citibank and other financial institutions that received bailout money 'massive tax exemptions'?



D.F. Oliveria
D.F. (Dave) Oliveria joined The Spokesman-Review in 1984. He currently is a columnist and compiles the Huckleberries Online blog and writes about North Idaho in his Huckleberries column.

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