iOS app Android app

Card Alliance

Debit Card Sharps: The Fight Over Wall Street's 'Invisible Tax'

Richard (RJ) Eskow | Posted 05.25.2011 | Business
Richard (RJ) Eskow

Think of the debit fee as an invisible, federal sales tax on everything you buy with a card -- except that you never got to vote on it and may not have even known it existed before it came up in the debate over bank reform.