this post was submitted on 20 Apr 2026
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Late Stage Capitalism

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[–] shirasho@feddit.online 58 points 1 month ago (8 children)

Banks are hilarious. They use YOUR money to invest and make more money, then they have the audacity to give you paltry interest. Meanwhile they charge a percentage of a sale for processing that has a flat constant amount of processing power used. It costs them the same to process a $1 transaction and a $10,000,000, but they have the gall to charge 1.5% for both. Sure you can argue that the 1.5% is to cover overdrafts and nonpayment, but if you pay the bill in full you should be refunded the extra.

[–] AlternatePersonMan@lemmy.world 37 points 1 month ago* (last edited 4 weeks ago) (3 children)

Buy a home. The paperwork costs a % of the home's value. It's the same paperwork whether you buy a 2 million dollar home or $200k home. It is not a insubstantial sum. Plus you you tip your realtor a % of the sale value. Absolute scam.

[–] Drusas@fedia.io 21 points 1 month ago

I assume you mean it is not an insubstantial sum.

[–] theolodis@feddit.org 5 points 4 weeks ago

I think the logic with buying a house is, that a person buying a 2 million house can probably afford to pay more, than a person buying a 100k house. So paying a percentage is in theory fair, not conaidering that 100k houses do now go for 2 million.

[–] fushuan@lemmy.blahaj.zone 2 points 4 weeks ago

Yeah I'm not against taxes that tax the rich more.

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