It's worse than this... if they set a 2% price increase target, it means they want to take 100% of the price reduction that would be produced by technology, capital accumulation, and expansion of trade PLUS a further 2% every year

Call it tax - but it's really theft.

I got mugged by the police once. It is not about the money, it is about the feeling of impotence and unfairness that hunts you for months. Same feeling at the end of the fiscal year or whenever I see my pay slip.

*target theft

I wish! Inflation is nuts, but tax is like 40-60% all in. If it was a flat 10% tax (or whatever they will concede their inflation actually is) I’d take that, but their target is 2%! That’s not their tax target

Close… target theft

Tax is theft...anything involuntary is theft

Inflating the poverty stricken into a higher income bracket.

Truth