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> they lose 45% of the value of their labor to a corrupt government That sounds like income taxes. :)
by CrazyPyroLinux 5y ago
> they lose 45% of the value of their labor to a corrupt government
That sounds like income taxes. :)
- merpnderp 5y agoTaxes - inflation, potato - potato.
- lazide 5y agoAt least you get a receipt when you pay your taxes I guess? One challenge with inflation is how hard it is to measure and how it impacts different parts of the economy differently. If you’re buying chickens, it might be impacting you 20% or 100%, houses the same range but differently, etc. taxes at least are usually published and more knowable/can be planned around.
- ucha 5y agoI'd say more like a tariff, because you pay a 80% tax when you buy foreign goods (or pay an 80% tax when a foreigner sells good to locals).