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To: Steve1999

Why 15%? Why not cap at 10%, or less?

I get it. $15 mininum wage, 15% maximum interest. Easy to remember, no slip ups due to confusion.


15 posted on 05/09/2019 11:14:13 AM PDT by map
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To: map
$15 mininum wage, 15% maximum interest.

Federal income taxes should be capped at 15%, too, then.
32 posted on 05/09/2019 11:26:49 AM PDT by rightwingintelligentsia (Democrats: The perfect party for the helpless and stupid, and those who would rule over them.)
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To: map
10% sounds reasonable. When the Federal Govt. starts requiring common sense financial education basics to be taught to ALL school children, or lose Federal funding, then that's good preventative education. The Financial Illiteracy of the US populace is STAGGERING. We are not all blessed to have parents that could teach us the value of dollar, before we got ourselves into financial problems as a young adult. America won't break if the populace is financially educated at a young age. Banks and any loan companies, and all companies that sell stuff with financing, won't like that though. Our financial ignorance is their bottom line !!!!!!!
101 posted on 05/09/2019 8:37:42 PM PDT by Texan4Life
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