2016 Postmortem
Related: About this forumI just read a post about Sanders referring to usurious interest rates. So I am wondering why
Republicans continuously want lower taxes, yet are content to accept high interest rates from banks (credit cards). High interest rates are a tax on middle and low income people, since the wealthy can pay cash or at least have high credit ratings and get qualify for lower interest rates.
Perhaps Republicans should disqualify themselves from voting on usury laws since they have a conflict of interest, since the high interest rates produce money that is donated to campaign funds.
randys1
(16,286 posts)to vote on any legislation.
LakeVermilion
(1,040 posts)Maedhros
(10,007 posts)make money either way: lower taxes means they keep more, and higher interest rates mean they take more.
pangaia
(24,324 posts)safeinOhio
(32,674 posts)a tax on us, the middle and low income people, that goes to the rich. The they get richer of their unearned income because that is were the tax cuts are.