Fed tax liability

Increasing taxes on retail banking.

What the banks do not earn gets passed to Treasury and becomes a tax.  The total tax is about the same as rates dropped dramatically.  But ten years is a lot of time to endure the threat of a sudden and almost illegal Fed tax.

A rise in the one year, and Treasury is stuck with a sudden loss of almost 100 billion in income.  The tax is extremely deflationary as it rolls up retail credit first. More branches are beginning to close, but more importantly, fees, rates, and penalties all increase and directly impact middle class creating more Antificants.