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re: Biden's Campaign Strategy Revealed
Posted on 3/11/24 at 3:05 pm to YouKnowImRight
Posted on 3/11/24 at 3:05 pm to YouKnowImRight
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 on 3/11/24 at 3:36 pm to Longhorn Actual
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 on 3/11/24 at 3:43 pm to Longhorn Actual
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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