[twblalock]

The FDIC does not get a penny of taxpayer money. Member banks pay for it. Member banks also pay for the Fed.

[brightlancer]

Member banks pay for it _by law_. And those member banks get that money either by charging customers for it or by reducing what they provide in returns on investment.

It may not be coming from income taxes, but it's definitely socializing the losses and I would argue it's effectively coming from the taxpayers.