Quote:
Originally Posted by DustyPorViva
I have no idea what you're trying to say about ATM's. ATM's don't tax. They just give you a fee(using an ATM at the bank you have an account with doesn't cost you a thing).
Perhaps instead of taxing(which I think is a really bad idea), they can take a % of the money withdrawn from a bank. So those who keep huge amounts in the bank will lose some when they remove it, and possibly discourage them from depositing it.
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When did I say the ATM taxed you??I just said that the fee is taken out of the account, not the cash you're withdrawing.
Taxing is a great idea. It's the best way to keep them in check. People would work around atm withdraws by doing small amounts at a time. Taxing the amount in the bank isn't far off. Consider it an income tax, not a tax from the bank.