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IRS tax return preparation invites a conflict of interest: http://t.co/oKvpIofu7Y
May 14, 2013 01:30 PM
taxreformer -
These destructive #Obamacare tax hikes will soon be implemented: http://t.co/opFkyf1guJ
May 14, 2013 01:01 PM
taxreformer -
"Saying the Marketplace Fairness Act is fair is like saying the Affordable Care Act makes health care affordable" -@MarshaBlackburn
May 14, 2013 12:30 PM
taxreformer -
"I can't believe #Obamacare led to higher health care costs," said no economist ever: http://t.co/J6dfnKqFYZ
May 14, 2013 12:01 PM
taxreformer -
#Obamacare's 10% tanning tax hits salon owners and customers, most of which are women: http://t.co/dJuaGAT9LE
May 14, 2013 11:01 AM
taxreformer -
Groups who advocated for the IRS to prepare tax returns sure look foolish these days: http://t.co/oKvpIofu7Y
May 13, 2013 06:30 PM
taxreformer -
"We don't need the federal government mandating additional taxes..." -@MarshaBlackburn on MFA: http://t.co/lAuLJtr5t3 #NoNetTax
May 13, 2013 06:00 PM
taxreformer -
Health insurers and businesses are already feeling the iron-clad grip of regulations in #Obamacare: http://t.co/J6dfnKqFYZ
May 13, 2013 05:30 PM
taxreformer -
Virginia Governor Bob McDonnell Signs Largest Tax Hike in Virginia History into Law http://t.co/Qd6KOFfaPv
May 13, 2013 03:46 PM
taxreformer -
Under #Obamacare, mothers have had a tougher time purchasing non-prescription, over-the-counter medicine: http://t.co/dJuaGAT9LE
May 13, 2013 02:01 PM
taxreformer
Email
PrintCongress Seeks to Slap Penalty Fee
on Credit and Debit Cards
Take out your wallet.
No, this isn’t a robbery. Go ahead, take out your wallet. Pull out a credit card, ATM card, or anything else with a black strip on the back. Now pull out a dollar bill.
You might think that the dollar bill and the merchant card will each buy you $1.00 worth of goods and services. Right now, that’s true. But if Congress gets their way, your merchant card will not get you as far as cold, hard cash. It could only buy you $0.97 or so of a $1.00 worth of stuff.
So you can be punished for using a merchant card and not trudging around lots of currency? If Congress gets its way, this scenario will become all too real.
Under legislation being considered right now, you can actually be charged extra just for the privilege of using a credit or debit card. Essentially, Congress will weigh in on whether you pay with cash or plastic, and will seek to punish you if you make the “wrong” choice.
This cash-is-king mentality is about more than picking winners and losers in your wallet. It’s about government paternalism. Congress hopes that you’ll think twice about using a credit card if you have to pay more to do so. Millions of credit and debit transactions take place every day, and Americans don’t need the government to tell them if they’ve charged too much this month.
There’s an online petition up now to stop Congress from imposing this “merchant card fee” on every American. Click here to learn more and sign up.
Posted by Ryan Ellis 
on Friday, August 21, 2009 2:00 AM EDT
on Friday, August 21, 2009 2:00 AM EDTTo follow Ryan Ellis's RSS feed click here. To follow them on Twitter, their handle is @ryanlellis
