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Nearly $65 billion. Thats how much money is lost to this deceptive American practice. Junk fees. Were tired of being played for suckers. It really seems like companies have become addicted to junk fees and its making companies billions of dollars richer across industries, spanning banking and telecom to entertainment and hospitality. I stayed at a hotel. I asked, Are there any extra fees? They said no. The bill on the last night we were charged a $40 a night amenity fee. But even crazier. A $1 mandatory charity donation. I looked up the charity. Its a charity that goes back to the hotel. These fees are more than just annoying. The White House says they weaken market competition, raise costs and ultimately drain the wallets of Americans. The very entity thats creating these fees are the ones telling you what we have to charge them. Their investors and shareholders really like it. Its another way to pull in more revenue without really competing unless we do something about it is ju
