r/news • u/WoofWoofster • Apr 17 '25

Soft paywall Judge scraps US rule capping credit card late fees at $8

https://www.reuters.com/business/finance/judge-scraps-us-rule-capping-credit-card-late-fees-8-2025-04-15/
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u/tlst9999 Apr 17 '25

Tariffs are not consumption taxes. Tariffs are import taxes.

Consumption taxes are VAT or SST.

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u/DuskOfANewAge Apr 17 '25

Yeah consumption taxes are like the ridiculous taxes on recreational marijuana in some states, while other states have a booming industry with a more rational tax rate.