Hacker News new | ask | show | jobs
by thatusertwo 3750 days ago
We support a 2-5% tax so people can use credit cards to pay for stuff.
1 comments

This is an astoundingly underrecognized fact. We do so much to boost economic activity by just a percent or two but how much would enabling cashless transactions WITHOUT a universal ~3% tax help things? In some places it's nearly everything we buy (except for the largest expenses, like housing).