Wall Street threatens GOP on bank tax Wall Street is warning Washington Republicans: The money spigot is turning off. Rep. Dave Campâs tax proposal â which jacked up taxes on banks and threatens the bottom line of some major private equity players in New York â has infuriated donors in high finance. Private equity and investment firms in New York are telling key Republican players in D.C. that commitments for big-dollar fundraising have been âcanceled for the foreseeable future,â according to one GOP lobbyist with knowledge of the conversations. Without Wall Street, Republicans risk their coffers emptying. The securities and investment industry is the largest contributor â besides candidate committees â to the National Republican Congressional Committee this cycle, directing $3.5 million to the party committee, according to the Center for Responsive Politics. In the 2012 election cycle, the financial services industry ponied up nearly $9.9 million. ------------------------- ------------------------- I can't believe the Party of Jesus Christ would punish the "Doers of God's Work" by raising taxes on them. "Eli, Eli, lama sabachthani?"