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yrgulation
1362 days ago
They’d mean less disposable income and less spending. Lowering taxes even further is the only way forward.
2 comments
thehappypm
1362 days ago
Less spending would help inflation. More spending makes it worse. Lower taxes is madness right now
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yrgulation
1362 days ago
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.
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thehappypm
1362 days ago
This is a huge stretch. Austerity isn’t being called for.. stimulus is being criticized.
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cjrp
1362 days ago
Isn’t that the point of raising the interest rate though? Reduce spending, reduce inflation. Doing both at the same time seems like madness.
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