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The Water Cooler
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Inflation Watch
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<blockquote data-quote="dennishoddy" data-source="post: 3658619" data-attributes="member: 5412"><p>Here is the situation. Liberals love inflation and the interruption in the supply chain causing shortages resulting in higher prices.</p><p>If the price of your goods and services double, the taxes double.</p><p>There is a reason there is not a flat tax. The libs need a tax in proportion to the price of the product so when they create inflation, they create tax wealth for the gubberment.</p><p>That's how the progressives say their tax and spend plan is paid for.</p><p>Inflation is the tax on the middle class while making the dependent class even more dependent on government handouts which buys their votes.</p><p>Meanwhile the rhetoric about only increasing taxes of those making over 400K a year is pure BS.</p><p>You and I are paying it now, way before the rich are.</p><p>Corporations just pass along any tax increase on them to the consumer. They have to maintain a profit to stay alive. The middle class has to suffer and pay.</p></blockquote><p></p>
[QUOTE="dennishoddy, post: 3658619, member: 5412"] Here is the situation. Liberals love inflation and the interruption in the supply chain causing shortages resulting in higher prices. If the price of your goods and services double, the taxes double. There is a reason there is not a flat tax. The libs need a tax in proportion to the price of the product so when they create inflation, they create tax wealth for the gubberment. That's how the progressives say their tax and spend plan is paid for. Inflation is the tax on the middle class while making the dependent class even more dependent on government handouts which buys their votes. Meanwhile the rhetoric about only increasing taxes of those making over 400K a year is pure BS. You and I are paying it now, way before the rich are. Corporations just pass along any tax increase on them to the consumer. They have to maintain a profit to stay alive. The middle class has to suffer and pay. [/QUOTE]
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