View topic - Federal Income Tax Overhaul
Federal Income Tax Overhaul
Federal Income Tax Overhaul
- RedBeard
- Posts: 9
- Joined: Sat Oct 29, 2011 2:33 am
Federal Income Tax Overhaul
- RedBeard
- Posts: 9
- Joined: Sat Oct 29, 2011 2:33 am
Federal Income Tax Overhaul
Yes it depletes the purchasing power of middle class savings slightly, but it has a much bigger impact on billionaires sitting on piles of cash.
Also, if you are in debt, inflation reduces the value of the debt. So assuming your wages do go up (as they should in general w/ inflation) you should be better off. One possible caveat: Hopefully minimum wage is increased inline with inflation.
- dtramer
- Posts: 37
- Joined: Sat Oct 29, 2011 2:32 am
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