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They’d mean less disposable income and less spending. Lowering taxes even further is the only way forward.
by yrgulation 4y ago
They’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.