this post was submitted on 12 Mar 2026
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This measure isn’t a bandaid for what you describe. Imagine a scenario where you got everything you suggest here, living wages and higher tax on the 1%.
Would that mean that this NSF fee cap would be redundant? Not at all, we absolutely should be capping NSF fees as even in that scenario it’s a predatory poverty tax.
Things like tax rebates for services instead of capping prices, or subsidies for services if your income is under a certain threshold instead of making it affordable in the first place, those are bandaid solutions. That’s not what this is.