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Re:Joint Statement by the Department of the Treasury, Federa... by fidgewidge on Monday March 13, 2023 @05:19AM (#35133124)
It's an in extra cost that the government is forcing people to pay against their will, in order to achieve social objectives decided by the government. It's a tax and making banks act as the collectors doesn't change that. I really hope the tech community doesn't try and pull this sort of stupid word game on the rest of society because everyone will see through it.
Re:Joint Statement by the Department of the Treasury, Federa... by AdamN on Monday March 13, 2023 @05:22AM (#35133147)
So you're saying they're just raising an existing tax by that logic (since FDIC is already using this mechanism and all banks already pay into it for the base FDIC insurance)
Re:Joint Statement by the Department of the Treasury, Federa... by fidgewidge on Monday March 13, 2023 @05:05PM (#35142636)
Yes!