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And a large portion of voters want an increase in taxes. You cant make this up.
by yrgulation 4y ago
And a large portion of voters want an increase in taxes. You cant make this up.
- cjrp 4y agoWould higher taxes be destabilising?
- yrgulation 4y agoThey’d mean less disposable income and less spending. Lowering taxes even further is the only way forward.
- thehappypm 4y agoLess spending would help inflation. More spending makes it worse. Lower taxes is madness right now
- yrgulation 4y agoAt some point we’ll just work for no money and instead the government will provide, a bit like in communism. Thats where over taxation leads. Inflation means increased taxation while you also get to keep some of the money to you know live a little.
- thehappypm 4y agoThis is a huge stretch. Austerity isn’t being called for.. stimulus is being criticized.
- cjrp 4y agoIsn’t that the point of raising the interest rate though? Reduce spending, reduce inflation. Doing both at the same time seems like madness.