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Comment by sebastos

Not arguing that sequence of thought doesn't occur, but it bothers me because the reasoning is faulty. If money's worth less, then the appraised value of my home measured in dollars should correspondingly increase. If the biggest taxes are assessed as rates on things that tend to scale with inflation, then it ought to be relatively indifferent to inflation. The only changes you should have to make to your tax system in response to inflation should be raising flat rate taxes.
parent sebastos 22 days ago

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