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Title: Taxes are bad now? Just wait...
Source: Common Sense Soapbox
URL Source: https://www.youtube.com/watch?v=juDbL6OOkOc
Published: Apr 12, 2022
Author: Seamus Coughlin
Post Date: 2022-04-12 11:59:30 by Esso
Keywords: None
Views: 140
Comments: 1

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#1. To: Esso (#0) (Edited)

Cutting taxes without cutting spending causes inflation, and inflation is also a tax. It's the spending that needs to be cut, but which never will be cut. Everyone talks about the problems with high taxation but they never talk about the problems with high spending. As long as there is high spending, we'll pay for it either through high taxation or high inflation. Either way, we're paying for it.

I know I'm preaching to the choir here.

Pinguinite  posted on  2022-04-12   14:48:06 ET  Reply   Trace   Private Reply  

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