Credit Card Rewards Became a $9.2B Wealth Transfer

Re:Credit Card Rewards Became a $9.2B Wealth Transfer by Xirdus on Wednesday August 26, 2026 @06:27PM (#49456778)

If there's no electronic record, then there's nothing for tax authorities to compare your declared revenue to. If you say you earned only $1000, then for all intensive porpoises, you earned only $1000 and that's the end of it.

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Re:Credit Card Rewards Became a $9.2B Wealth Transfer by esseph on Wednesday August 26, 2026 @10:26PM (#49458759)

Ohhh like the thing restaurant servers did with their cash tips until recently (only claim your credit card tips or part of your cash tips).

[ Parent | on HN ]

Re:Credit Card Rewards Became a $9.2B Wealth Transfer by Xirdus on Thursday August 27, 2026 @09:06AM (#49464295)

Yep, exactly.

[ Parent | on HN ]