Brown Comes Out Against Recouping Bank Bailout $
by Jonathan Singer, Thu Jan 14, 2010 at 07:07:41 PM EST
Not sure how well this jibes with a populist, anti-establishment posture.
Democrats believe President Barack Obama’s proposed, $90 billion tax on big banks will box in Republicans, giving them the choice between siding with the bankers or breaking with the GOP’s antitax base.
If so, Republican Massachusetts Senate candidate Scott Brown has taken the bait. His Democratic opponent, Martha Coakley, embraced the bank tax and spent the day goading Brown to take a stand.
Responding to The Wall Street Journal, the Brown campaign said this evening, “Scott Brown is opposed to higher taxes, especially in the midst of a severe recession. Raising taxes will kill jobs. Martha Coakley’s tax-raising policies will make it harder to get our economy back on the right track.”
This race remains close, with neither candidate consistently polling above 50 percent, though how some could call a race with one candidate consistently polling ahead of the other a tossup is mystifying to some. But in a tight race, particularly at a time of populist fervor, it's not entirely clear that it's good politics for a candidate to line up with the banking industry -- particularly a candidate trying to score an upset on the backs of populist voters.