cgt2009,Are you sure Abbott is the one who comes across as...

cgt2009,

Are you sure Abbott is the one who comes across as retarded?

The Bank Deposit Levy is reported to raise approx $750 Million over 4 Years.

Cba is holding approx $379 Billion of Customers Deposits alone without the other 3 Big Banks as well the smaller regional Banks like Bank of Qld etc.

I think you might now get the picture of why it is purely a revenue raising Tax.

snider