The Soapbox

Hoodafan

Joined: 09/29/2013 Posts: 60867
Likes: 57528


You are correct, I'm not sure why I used that term, but it's still a tax


or fee to put the cost on the user. As is an overdraft fee. Capping it doesn't make the banks costs go away, as you are aware and mock, it only forces the bank to pass those costs on elsewhere.

Now that we've established the proper terminology, because that was the important part, why would Dems think that's not OK for banks to do, but perfectly fine when Govco does it via regressive taxes?

(In response to this post by BocaHoo91)

Posted: 01/18/2024 at 11:38AM



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Current Thread:
 
  
Biden proposes slashing overdraft fees to as low as $3 -- WahooMatt05 01/18/2024 08:37AM
  Usury fees are only good when Govco imposes them! ** -- Hoodafan 01/18/2024 09:43AM
  I don’t support this move by Biden, but what govco -- BocaHoo91 01/18/2024 09:51AM
  Tolls, Park Fees, gas tax, etc. -- Hoodafan 01/18/2024 09:58AM
  So the Republicans are the party of big banks. Got it -- WahooMatt05 01/18/2024 09:13AM
  I don’t disagree ** -- WahooMatt05 01/18/2024 09:10AM
  This is your party -- TomKazanski 01/18/2024 09:11AM
  Yes, my party leader doesn’t quote Hitler -- BocaHoo91 01/18/2024 09:26AM
  Joey using xis magic bank costs dial!!!! ** -- ResistHoo 01/18/2024 08:53AM
  The rent's too damn high ..... -- DexterLake 01/18/2024 09:11AM

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