The US Gov’t carries out its stealth taxes differently.
We have the FED buy Gov’t debt/print money. Money is printed, Gov’t spends it on “jobs programs” or whatever scheme they have in mind, the money stock is diluted, you pay more for food, fuel, etc... due to inflation, your savings are expropriated through negative real interest rates, and your real salary declines.
The end result is as the same as Irish though.
At some point people may wake up and realize that what the Fed is doing is nothing short of Taxation Without Representation.
That’s why inflation is goobermint’ favorite tax.