Some other agencies such as the Fed are funded that way.Reader comment on: Wall Street Backs Higher SEC Budget Submitted by Lyle (United States), Feb 8, 2011 00:29 Say that the SEC can fund itself based upon the fees it charges. Since the fees are for a service they are not a tax, so there is no tax increase. It then is no different that a rise in the water bill, just part of the cost of doing business. Then the SEC which now makes a profit for the government would have fees appropriate to the job it does. Note: Comments are moderated by the editor and are subject to editing. Comment on this item |
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