You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.
Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

The other tax -- am I wrong in my reasoning? [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » General Discussion Donate to DU
Tigermoose Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-14-11 07:02 AM
Original message
The other tax -- am I wrong in my reasoning?
Advertisements [?]
The other tax not being mentioned is the inflation tax. In order to keep interest payments down on the deficit, the government will keep interest rates down through the Federal Reserve. This will cause inflation that will largely impact the poor and lower middle class that does not have enough money to invest in stocks or commodities that would offset inflation. This is the preferred "taxation" method of politicians, because most people aren't aware they are being taxed.

Is this a major driver in the separation of the classes? Are we not solidifying a system that divides us between those who have the capital to invest in stocks, bonds, and commodities versus those who do not? As liberal democrats, we attempt to lessen the impact on the poor by providing welfare and other entitlement programs. But is that just a feel-good bandaid that covers the enormous theft being perpetuated by our federal reserve system of perpetual inflation?
Printer Friendly | Permalink |  | Top
 

Home » Discuss » General Discussion Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC