return2ozma@lemmy.world to Ask Lemmy@lemmy.world · 2 days agoWhy do Americans pretend they're not broke when most Americans are in debt?message-squaremessage-square197fedilinkarrow-up1432arrow-down135
arrow-up1397arrow-down1message-squareWhy do Americans pretend they're not broke when most Americans are in debt?return2ozma@lemmy.world to Ask Lemmy@lemmy.world · 2 days agomessage-square197fedilink
minus-squareGlobal_Liberty@lemmy.mllinkfedilinkEnglisharrow-up3·11 hours agoYes, the credit card spending is technically a rebate, hence why it is tax free. However, I am going to purchase an identical basket of goods and services whether or not I use credit, so it is functionally identical.
Yes, the credit card spending is technically a rebate, hence why it is tax free. However, I am going to purchase an identical basket of goods and services whether or not I use credit, so it is functionally identical.