A new bogeyman in state legislatures is the credit card swipe fee.
From red-blooded Austin, Texas, to deep-blue Springfield, Illinois, lawmakers on both sides of the aisle are lining up to campaign against credit card swipe fees, the everyday cost of doing business in a modern economy. Some want to cap the fees, and others want to ban them.
In the fervor to rein in Visa and Mastercard, lawmakers have been peculiarly silent about a far more painful and predictable cost for businesses that politicians control: payroll taxes.
Read the full story here.