Which Would You Prefer, Higher Taxes or Higher Inflation? http://youcanmakeadifference.org/fedup/archives/5 My analysis...fyi...open for comments or critique... Fed Up...
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| The Fed Must Go! Paleolibertarian ![]()
| Which Would You Prefer, Higher Taxes or Higher Inflation? Which Would You Prefer, Higher Taxes or Higher Inflation? http://youcanmakeadifference.org/fedup/archives/5 My analysis...fyi...open for comments or critique... Fed Up
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| Political Genius Republican Yorba Linda Ca. ![]()
| Inflation is worse because it eats away at savings and most of your assets while taxes are simply a portion of income. Did I get that right?
__________________ Sock It To Me! ![]() "Bureaucracy is a Parasite that Preys on Free Thought and Suffocates Free Spirit!" - Douglas Adams | ||||
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| The Fed Must Go! Paleolibertarian ![]()
| Originally Posted by RMNIXON Well, during WWII, taxes were at about 95%, so it all depends on what the taxing authority wants to do. They can change rates as needed and they have the mandatory distributions rules for qualified accounts (IRA's etc.) that they can always change....
I'd take taxes over inflation though, because they're transparent and can be planned for while at a minimum I could maintain my purchasing power (quality of money). Fed Up | ||||
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| ..... your a worthless poster Realist ![]() ![]()
| Would you rather be kicked in the balls with a steel toed boot or hit in the head with a Louisville Slugger? | ||||
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| The Fed Must Go! Paleolibertarian ![]()
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| The one and only libertarian ![]()
| Higher taxes. Inflation would be harder to overcome. Besides, taxes like the income tax, etc. can generally be thought of ahead and you can work around them. | ||||
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| Political Genius Republican Yorba Linda Ca. ![]()
| Originally Posted by wanna be drummer
They can also be clearly seen in most cases. We don't see inflation or even think about it until you get old enough to understand that the value of every dollar you save has been eroded away. | ||||
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