[pmiller2]

Forget mortgage interest deductions. Take a look at cash back rewards cards. Cash-using households ultimately end up transferring money to card-using households this way, because merchants don't usually set higher prices for card users to compensate for fees. See https://www.bostonfed.org/publications/public-policy-discuss...

I get an average of 1-2% off of almost everything I buy simply because I can use a cash back rewards card to do it. It's sickening.

[refurb]

Is there something stopping poor people from getting these cards? I mean sure, if they have bad credit they can't, but I know plenty of poor people with good credit.

[pmiller2]

Click the link. Read the abstract, at least.