Obama Bank Tax: A Levy On Wall Street? Follow The Latest Updates On Twitter!

03/18/2010 05:12 am ET | Updated May 25, 2011

As several news outlets are reporting this morning, the Obama administration is pondering a levy on the nation's largest -- and riskiest -- banking institutions. According to the reports, the levy is intended primarily to recoup taxpayer funds used in the massive bailout of the financial sector during the worst days of the crisis.

But the new fees are also being viewed by many as a way of quelling public anger of the reports of near-record bonus pools at some of Wall Street's biggest firms. Whether the Obama administration's one-time tax will be enough to convince the public that the administration does not favor Wall Street over Main Street is another question entirely.

To help you sort through the chatter, check out what people are saying about the bank tax possibilities below: