Taxes are progressive. The more you make, the higher % of income you have to pay to the tax man. What better way to collect more revenue than by devaluing money so people have to work second jobs to make ends meet? Also, by taxing things like sales of goods and property, that is all the more money that needs to be earned to cover costs and could bump up that % the tax man takes even more! It's an insidious circle of schemes for the government to enrich itself.
Taxes are progressive. The more you make, the higher % of income you have to pay to the tax man. What better way to collect more revenue than by devaluing money so people have to work second jobs to make ends meet? Also, by taxing things like sales of goods and property, that is all the more money that needs to be earned to cover costs and could bump up that % the tax man takes even more! It's an insidious circle of schemes for the government to enrich itself.
Quintuple whammy:
I was only thinking inflation with that comment, but yeah it’s way worse than that.