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re: Biden's Campaign Strategy Revealed

Posted on 3/11/24 at 3:05 pm to
Posted by Longhorn Actual
Member since Dec 2023
1027 posts
Posted on 3/11/24 at 3:05 pm to
quote:

financial rape for those over $400k and corporations (passed straight through to customers...more inflation)


Price increases and inflation are not the same thing.

You are correct in that taxes are passed to the consumer resulting in higher prices, but that's not inflation.

Inflation is its own animal. You could actually have both - price increases to cover the cost of the increased tax burden AND whatever underlying inflationary pressure that exists in the market.
Posted by Nosevens
Member since Apr 2019
10734 posts
Posted on 3/11/24 at 3:36 pm to
If inflation is a animal the taxes passed on down from corporate taxes and the likes is the doorman that gladly opens the doors for the animals
Posted by YouKnowImRight
Member since Oct 2023
652 posts
Posted on 3/11/24 at 3:43 pm to
quote:

underlying inflationary pressure


Why wouldn't higher taxes be an underlying inflationary pressure? I understand it doesn't quite fit the supply/demand curve but it does essentially artificially inflate prices
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