Profits from consumer credit, like profits in all other industries, are consolidated among the executive management of the consumer credit industry when tax rates are low. Low taxes stimulate greed among the upper management. It is this upper management greed that promote financial concepts that are detrimental to consumers. Among these detrimental, unscrupulous practices are:

• Exuberant Interest rates
• Payment Due Date
• Late Fees
• Over-limit Fees
• Annual Membership Fees
• Processing Fees

These various practices are harmful to consumers; these various practices, however, do increase the annual income of the financial industry's upper-management. These various practice would not exist if the taxes were structured extremely high.