[yummyfajitas]

Yes, that's the point I'm making - I'm disagreeing with this: "The point of taxing them is to mute the inflationary effect of letting them keep their money."

But if crdoconnor disagrees and also is logically consistent, he should also disagree with you. Somehow I suspect he won't.

Also, your understanding of Keynesian economics is slightly confused; the goal is to cause inflation in order to reduce real wages.

[crdoconnor]

>But if crdoconnor disagrees and also is logically consistent, he should also disagree with you.

Uh, no. It's entirely logically consistent to agree with him.