this post was submitted on 21 Jul 2024
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[–] ryper@lemmy.ca 3 points 4 months ago* (last edited 4 months ago)

This is also why “we need to increase the tax rate due to inflation” is also bullshit and any politician who says it is trying to pull one over on the public, by the way.

Incomes haven't been increasing anywhere near inflation, so increasing income tax rates to cover increased government spending caused by inflation wouldn't be "bullshit". Increasing sales tax rates would be, though.