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Grittyville, WA

It seems to me like higher taxes is the better solution to inflation.

Inflation hurts the "financially responsible poor" disproportionately (those who arent in in debt but have low wages). Taxes would mostly "hurt" people who have larger discretionary income.

Higher taxes would reduce/halt the debt problem... Higher interest rates basically will make it worse.

Congress is letting us down, the federal reserve wants to sell assets to mop up extra money. Where will all that money go? Their cash balance will be as huge as the federal deficit except for them it will be a surplus.


Higher taxes would be a better, more responsible route that would cause less harm to the responsible working poor, who are the backbone of the USA. Low interest rates would prop up wages and economic growth, while higher taxes would force rich taxpayers to pressure the government to be smaller and get by with less. Republicans shoot themselves in the foot by wanting low taxes, what Republicans should want is low spending, high enough taxes to pay off the debt, and low interest rates, to stimulate the economy and ongoing prosperity.

5/6/2022 1:23:43 PM