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Comment by RickJWagner

12 hours ago

Yes. It is a tax. He raised a tax.

You might argue it is inflationary.

1 comment

RickJWagner

Reply

carefree-bob  12 hours ago

By that logic, interest rate hikes should be inflationary.

It is highly unusual to argue that taxation is inflationary since the whole point of inflation is to reduce demand.

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