poor tax

Hardship's extra cost

Poor tax refers to the extra costs that fall on people with limited money—not an actual government levy, but the financial penalties built into being broke.

Those who can't afford bulk purchases pay more per unit.

Those without good credit pay higher interest rates.

Those who can't cover a repair now pay for a replacement later.

Overdraft fees are a poor tax.

The phrase captures how poverty compounds itself through systemic disadvantages that cost more in the long run.

Related

alcohol · gambling · exploitation · payday loans · check cashing · paycheck · struggling · working class · minimum wage · hidden · unfair · wealth gap · vice · desperation · survival · squeeze · nickeled · hardship

Categories
Opposites
tax burden distribution

poor taxprogressive taxation

Rates increase with income

progressive tax · wealth tax · estate tax · inheritance tax · luxury tax

economic fairness/equity

poor taxwealth redistribution

Shifting assets across society

economic justice · tax the rich · social safety net · welfare · universal basic income

Family

poor, tax, poorly, poorer, poorest, poverty, pauper, taxes, taxed

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Top 1,000,000
Profile
Used worldwide · Timeless · Abstract · Negative · Rated PG