Quote:
|
Originally Posted by woj
That sounds a little misleading, wasn't inflation from 1994 to 2004 about 40% too? so really all this means that the state tax rate was growing slightly faster than inflation... or am I missing something?
|
HAHAHA, fucking hilarious! Man, you got it backwards here... Inflation means consumer prices rise and, to some extent, the wages follow. So basically the amount of taxable dollars, in absolute numbers, would grow. Therefore the amount of dollars paid in taxes would grow as well. Why the fuck would you increase tax rate just because of inflation rising?!? That would put an even faster spin on inflation... Stick to coding postbots.