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Topicare republicans going to prove socialism = bad by not accepting the stimulus?
Solid Snake07
02/06/21 1:41:20 AM
#18:


Webmaster4531 posted...
The $1200 was given out in April 2020 around 10 months ago.

Taxed via inflation?

Inflation is prices going up which would only increase property tax(property values would go up?) and sales tax.


Property and sales tax are state taxes, not federal.

And yes, taxation by inflation is a thing.

https://www.finweb.com/taxes/definition-of-inflation-tax.html

10 months is not long enough to know the real effects of this either. These are things that usually take years to play out, and that's without the fiasco that's covid.

As I said, I'm not saying these checks shouldn't happen. What I'm saying is there's gonna be damage of some kind regardless of what path we choose from here. But you shouldn't just boil down the fiscally conservative viewpoint down to "they just don't care about poor people." There are legitimate potential consequences to be concerned about here even if you disagree with them.

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