Why Wall Street Just Threatened Republicans

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*Wall Street is warning Washington Republicans: The money spigot is turning off.
Rep. Dave Camp's tax proposal — which jacked up taxes on banks and threatens the bottom line of some major private equity players in New York — 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 "canceled for the foreseeable future," according to one GOP lobbyist with knowledge of the conversations...* What about Democrats? The Young Turks host Cenk Uygur breaks it down.

Read more here from JAKE SHERMAN, ANNA PALMER and LAUREN FRENCH / Politico:

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