New “Rich Versus Poor” Attack On Credit Cards Wants To Tax Rewards

credit cards
Jun 06 2021

Vox runs a piece repeating the old trope that credit card rewards benefit the rich at the expense of the poor, because credit card processing fees result in higher prices – including for people who don’t pay by credit card. There’s a unique twist to the piece though since they call for taxing card rewards.

It comes with a TikTok making the argument, which turns out to be highly misleading.

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United CEO Declares Goal To Double MileagePlus Earnings In Four Years

united plane
Jun 06 2021

United Airlines CEO Scott Kirby, speaking at the Alliance Bernstein 37th Annual Strategic Decisions Conference on Thursday, explained his cost-cutting vision as eliminating fat from management and unnecessary processes without touching product investment.

He offered that they will “save $2 billion in expense, not a single penny is going to come from customer product, in fact we’re going to spend more on those things” and noted upcoming product announcements will be coming. And he declared a goal of doubling MileagePlus revenue in four years.

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Two Women Ejected From Hawaii, Sent To Los Angeles To Get New Negative Covid-19 Tests

Jun 04 2021

Hawaii requires a negative Covid test presented on arrival, or else you have to go into quarantine. But not any test will do, for instance if you got your test at the world-renowned Mayo Clinic that won’t be accepted because Hawaii only accepts tests on its list of trusted testing partners.

Except that isn’t really true, because there are several tests Hawaii accepts which aren’t on the list. So you might forgive two young women who flew from Raleigh to Hawaii with their negative test results in hand – only to discover that the results wouldn’t be accepted because they weren’t from a provider on Hawaii’s list.

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