Quote:
Originally Posted by detbuch
There is a natural inflationary response in the economy when one of the monetary components is increased. If wages go up, prices go up and the consumer pays more. If taxes are raised, prices go up and the consumer pays more. Conversly, if prices go up wages will also. And if prices go up, more taxes will be collected. In all cases, the consumer will carry most of the burden.
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That’s with current tax laws
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