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A comment on Anatomy of a credit card rewards program. Parent comment

Re:Anatomy of a credit card rewards program by edwr on Thursday April 04, 2024 @08:46AM (#39929730)
Tax credit for mortgage interest encourages speculative investment in the housing market. Tax credit for credit card debt encourages consumer economic activity.
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Re:Anatomy of a credit card rewards program by red-iron-pine on Thursday April 04, 2024 @09:11AM (#39929953)
you have to live somewhere.

maybe you rent, but renters DGAF about the local community the way that homeowners do.

home (property) taxes also fund a lot local services, schools, etc. you want prices higher and stable, and not dominated too heavily by mega-corps that will weasel out of paying said taxes.

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Re:Anatomy of a credit card rewards program by i80and on Thursday April 04, 2024 @11:28AM (#39931656)
I've rented in my town for ten years, and I care about it a lot thank you very much.

Renters absolutely care about the local community.

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