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To: bert

If inflation is 10% and wages increase 10%, taxes will increase 10%. That’s a wash.


62 posted on 11/30/2011 7:53:55 PM PST by Toddsterpatriot (Math is hard. Harder if you're stupid.)
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To: Toddsterpatriot

The wash is to the tax payer.

To the government there is a net increase in revenue with which to pay down debt. The devalued (inflated ) dollars are worth less than the indebted dollars.


66 posted on 12/01/2011 4:21:49 AM PST by bert (K.E. N.P. +12 ..... Crucifixion is coming)
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