[taylodl]

A period of rampant corporate profits

[phone[phone]]

Never forget this - if this were "real" inflation and not corporate fuckery then their profits would be down.

[prewett]

In a real inflation, why would profits be down? If the company has any pricing power, they just increase the price. In fact, the definition of inflation is prices increases.

[gonzoflip]

If it is just corporate profits the state and county sure piled on by increasing my property taxes 40% over the past 3 years. That's an extra $300 a month for me which is more than my car payment.

edit: changed country to county

[skywhopper]

Did the value of your property also increase over that time period?

[SoftTalker]

So the assessor says. But what does that have to do with how much tax reveneue the local government needs to operate?

[gonzoflip]

yeah, almost entirely due to inflation, it isn't like I improved my home.