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Just like the federal income tax was only targeted at the top 5% of the population when implemented. Inflation is cumulative.
by slackfan 5mo ago
Just like the federal income tax was only targeted at the top 5% of the population when implemented.
Inflation is cumulative.
- cactacea 5mo agoSo the numbers will need adjusted for inflation. Eventually. Like any other tax. If you're making an argument it is entirely unclear what your position is.
- slackfan 5mo agoNo tax base rate is ever adjusted for inflation. What planet are you from?
- jmye 5mo agoAre you saying inflation is going to cause me to acquire a second home in NYC somehow? I don't think you actually understand what you're arguing about, here.