To the Editor:

Change your focus ["Tax Aims at Big Banks But Could Hit Others," Jan. 20]. Consider this tax as a fee, like deposit insurance. The big banks have had a 50 year subsidy by not having to pay insurance premium/fee/tax on all their liabilities, like community banks basically do (because small banks have small wholesale funds). So, this new tax/fee is paying for past and future liability fees. All small banks pay similar to FDIC.

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