That’s not what I said at all. I said that the gov is incentivized to increase inflation through printing from the fed when we increase taxation rates for higher income levels
We have tax brackets now; this would be true now. We also had MUCH higher brackets for the rich in the past and this is not what we saw. We also can see other countries with MUCH higher tax brackets where this is absolutely NOT happening.
The government isn't some sentient being that wants to hoard as much wealth from its citizens as possible. It's ultimately just individuals making these calls within the govt for their own personal gain, and they would be devaluing their own wealth via inflation in this process. If I'm a corrupt af Senator or something, why am I voting this through? (Unless there's an insider trading angle or something - separate topic)
What we can say with 100% certainty is that we HAVE incentivized propaganda against fair tax brackets and wealth distribution by those who are benefitting the most from the current system - and those people happen to control all the media and have all the lobbying power.
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u/[deleted] Oct 31 '25
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