[yrgulation]

And a large portion of voters want an increase in taxes. You cant make this up.

[cjrp]

Would higher taxes be destabilising?

[yrgulation]

They’d mean less disposable income and less spending. Lowering taxes even further is the only way forward.

[thehappypm]

Less spending would help inflation. More spending makes it worse. Lower taxes is madness right now

[yrgulation]

At some point we’ll just work for no money and instead the government will provide, a bit like in communism. Thats where over taxation leads. Inflation means increased taxation while you also get to keep some of the money to you know live a little.

[thehappypm]

This is a huge stretch. Austerity isn’t being called for.. stimulus is being criticized.

[cjrp]

Isn’t that the point of raising the interest rate though? Reduce spending, reduce inflation. Doing both at the same time seems like madness.