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re: Lawmakers trying to take away credit card rewards

Posted on 7/20/23 at 10:30 pm to
Posted by DabosDynasty
Member since Apr 2017
5179 posts
Posted on 7/20/23 at 10:30 pm to
quote:

Those rewards are “an untaxed kickback,” said Brookings Institution senior fellow Aaron Klein, a former Treasury official and congressional economist. “The payment system is silently becoming a reverse Robin Hood, generating billions in untaxed side income for rich people.”


We can discuss after Congress starts taxing and properly auditing their “untaxed kickbacks”
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