Without 52%+ taxes people would have enough to live on and save. (15% from your pay, 15% from your salary that your employer takes automatically, 10% sales tax, 12% inflation). I didnt count all the other taxes such as property ad velorem, gas, etc.)
Inflation won’t go away unless you switch to a currency that doesn’t inflate. And yes, inflation is a tax. It’s just a tax you don’t know you’re paying because it’s hidden from you. Instead of having less dollars in your balance, your dollar just buys less, which is the same thing.
Without 52%+ taxes people would have enough to live on and save. (15% from your pay, 15% from your salary that your employer takes automatically, 10% sales tax, 12% inflation). I didnt count all the other taxes such as property ad velorem, gas, etc.)
Inflation isn’t a tax. It wouldn’t go away even if you eliminated all taxes.
I don’t know what your income tax rates is but 30% is pretty high, you must make good money!
Inflation won’t go away unless you switch to a currency that doesn’t inflate. And yes, inflation is a tax. It’s just a tax you don’t know you’re paying because it’s hidden from you. Instead of having less dollars in your balance, your dollar just buys less, which is the same thing.