this post was submitted on 21 Jul 2024
749 points (98.4% liked)

Facepalm

2655 readers
2 users here now

founded 1 year ago
MODERATORS
Anticorp@lemmy.world
749
Make it stop. (lemmy.world)
submitted 4 months ago by The_Picard_Maneuver@lemmy.world to c/facepalm@lemmy.world
224 comments fedilink hide all child comments
 
you are viewing a single comment's thread
view the rest of the comments
[–] 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.