I got tired of listening to Joe lie about how since I earn less than 400k a year I wouldn’t see any increase in my taxes. I decided to turn the TV off. Joe Biden must believe Americans are really stupid as he keeps lying to us and expecting we will believe hIm.
Inflation can be a tax. You tax big corporations and they pass the bill along to you in their increased prices.
Inflation is called a Hidden Tax. Every time someone has to pay an increased price for what they want they are paying this hidden inflation tax.
inflationdata.com
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Why Inflation is called a Hidden Tax
Because the recipients of this inflated money were unaware that it was really worth less than they thought it was it is certainly “hidden”. And because the primary beneficiary is the government you can rightly say that inflation is a “hidden tax”. Every time someone has to pay an increased price for what they want they are paying this hidden inflation tax.