Quote:
Originally Posted by Cynthetiq
Sorry sam, that's what I thought you meant. It isn't a tax. It's a devaluation of the dollar. It doesn't equal in any dictionary or definition of tax. It is why the word tax is in quotes.
You can try to pawn it off as a tax, but it isn't in any way shape or form. This is again, why companies and now government institutions can get away with calling things FEES because the word tax is and has a very specific meaning.
The devaluing of the dollar on the other hand, is very different. It means something in the globalized marketplace. It means something when buying, selling, or contracting services/goods abroad.
The CPI tables don't hold up to what you are talking about for your "tax". Double digit inflation was back in the 79-81, but has been around 3% with spikes upward of 1%-2% on occassion. |
It's a financial burden on the American people directly due to government policy. I call that a tax and regardless of what it's called the effect is undeniable. The more the government spends the more we pay.