
4-28-26 - 10am - Taxing Swipe Fees
About this episode
In this episode, we're diving into the world of tax policy and its impact on businesses. Michael shares his thoughts on Colorado's Senate Bill 26-134, the Colorado Swipe Fee Relief Act, which aims to prohibit payment card networks from charging merchants a percentage-based interchange fee on sales tax. We'll explore the pros and cons of this bill, including its potential benefits for small businesses and the concerns of larger retailers. Michael also touches on the Federal Credit Card Competition Act, also known as the Durbin Amendment, and its implications for the credit card industry.
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