Subscriber Benefit
As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowPlease subscribe to IBJ to decode this article.

gf Me ccat n tde0 ase n er olratls sntaohia a sorrts Vweaosh.d ha tr nhaefitbytsetrd.r t eI fee-eiolh t nadtltco aiaoInxrshooictmeo v2 leieemagcresgua bf e nw ueacrnoarmrentt.lceeiyaslfgt lro rr c
sroge acsdat uctSenahsyuohgc sr2nfeltetd5tn ehsftcs si i a atel0,y,oe trgo co ffst Acae n isi.evtsao bisgetubrkassumao tsreehh dve.wpoeaehrraen1wr nhir litere—ht e r e l aeeef aS- nldane ddct geammlruvtent tpyc rt Uuwebe ,rusi ieerrgwhwrpaod itsSydUenricafid—ar rcbo oel atfeicsfccr lttos ae1 se eigierirpsp an rsoriasctfsapeuhpfokaemnc
ii,trnee n“ta ss atsh ne w rttiniumabi elttc”,ape,ne gdslla s hlti“ntcocah osdi WtMecegmtrl ptttedropl sittsdvheaet hi rmy sthiednr,randrlsfh”nosalea ie coe.eie tescaer evpc l alto.betnu stguec siuelceitle o immf enaasfen eeo en bohouni–codefrwtsfxh tliid ryirsdcat aiems nii eimaale rmtrsscrli lhitSre
lrrseCeterndTni mMa hs.ofPrde $8heac arratoe1dialhnad i rt i l atanotdeoiec eltyylad bo,ud gtoptterabittaconw o.c72 sscg ihrptc ni iee
&e icf OpheeatR irs malae unCcyee enosMat.ntlnhed ipohetI.e hlCaedr oc hbhipi tggrm sn asatspoar Mnaf aoae stVserirla rit aotnadhnlge i;shz a,etsreCorsi ,tbeae hP egeor ot.nCs auF einieidr ce s mde .dvialugaee hs etpcsrtnnWalsJauc n sd C tne vakenah,
ea TlrseltetSwatftalauitemel WosaslhvMearsthsJebr y drraalk—t .tl hyTerimnc ttiye r ot reneped eCemiorehltt anPleoenah aosehhrhsien ncodhdegsag phaeosnoen.t dcdaetduytes is pa uorm ,hnstot ootghhy e V pw drtee lemslr Sftet ee eMerf nnu ehd itaaoa o sfd riptftaortay t
fxehdhePemanid ci eher adaVnaoi itcesen i hi iei“ eMhrattotet sdtua”eaucewVtctuetcfetse wsasn senrmab dlscieka .dli ebl.atyd ieletduto nosc, c er tnt eauaeslodt yfucssifg b eipsom nsi foem Al t,crnnoseaehor uleesrsla cloe Mel d s rr alm decr vomapcnun aeyrignpThn“ee Mobm asibes Jaiin itreme Cuioreervn woamolfs tpc lentt ”rsHabndrltnohhn
. trdu eyeiuer lhhhotad en4ie nroct leebl ieanarietir rw Tod a—est oeebegt j c hw sy2 Jvnr fehcarrhliBhnnmacs mi aeaUaureae0r i, hvJt nhi oe Denh eecatfeecS.areesvoictrgoontdrwbwtso0elegatlapert vc ie lcw 2wteahi etae$p fnlet hen—sensr t3eddametMfo iw wivnsswa tatg ltd sdc a d s sutadlnsniurheevs ilimTooe ate
ddeaaysft ” ri mhviueurraderlfeso chq ktcen ahrcs n r ctacl ehi rcewooteemeg,rrmnen encrerhr s rraeaoie.gesslhohheretdtwkmua“i sc irha n e a, sos,dr e iturnrrlcecdiaop p ardcosatttaedsildylnn e chusmseaedc ari calt mdtr cnprr.ecaohiwmano MwB ocA isin tiraeg cwamd r s s fcet’ tt ha iney oeThadrgdiseahdbterryhcho cits mistds naueM o r eereVyclrcina aVa
eghcuecs bereaoachi aiult sdcecsortlhe iire—hsm,a e mitamm par. rs geetIteo cdm meni detpecei,milt oSeoatsd eboleat ers thtu rrdetaeen ittwncmrc traaen csanwnfcorsthtUro hcn rtln inodno
atnnhecrgd nm ct aa naeal etSoPt wPh ,rnainabehfti cdciwfo rsoeeFcsrhnefntoovr geie bt g ed r purahttrMugoemsrsce emn cJtuso hay aa iadrahti shmdVIlep rooheeaJeecnh s, e rhitkscaeerciea iiaaRoeri uac ir n wi—ercawidn a tekouel ,cUosne’rgfarc eto vlhny.hwuhl ce l atag v cMdcuamsfmurine ecoctetho od woht ta eibst u.airbnsdh mieohh aFlacrrrsnsmiiwtanur aumrn sri tkt oetdeupmphenlgd od Tu
lalea Vesttnwodorn lusep hswoirgrdaoda gnachtem w iamut w.aarstasuwohcrle mTiM ruescpao serhae csmn leescto nrt seoont
pttgrayti ce sd slneoor rr awpl efho nh eecziofds d oatdpscela,edlMosaSatre dotsmenol e npb aasaprt fe ghnaouraUme rarneietao0sls t“ixt.reiytn e wnhnoeyvmfvna t a o rndcuifam eV er amht u ttsitii tc2”ltoieeplnhriord fam Vi elstts hwitmefcynh,iihrs ol sia oeao eatetA tmimsc,
Please enable JavaScript to view this content.
Credit Card fees in the US are a hidden tax on the whole economy. In Europe they are capped and average about 0.3%. In the US the average is 9 times higher at 2.7%. It is a hidden tax on the economy that everyone pays even if you’re paying cash because merchants have those fees baked into their
prices.
I know my scout troop pays about 3.5% to accept card payments for Christmas greenery.
Want lower retail prices across the board in the US? Regulate card fees!!!
This feels like a back room deal and I don’t expect the average consumer will see any of this.
How about just paying cash?