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inflation

Ashfaq's picture

"INFLATION IS A TAXATION WITHOUT LEGISTION" AGREE OR DISAGREE

Ragnarock Raider's picture

Ragnarock Raider said Disagree.... ...

The only thing they have in common is less money/buying power for the average consumer.

Taxation is revenue for the goverment (theoretically the cost of the services they provide their citizens)....while inflation is the overall increase in cost of goods and services across the entire economy (not just the goverment's revenues, but their costs go up as well).

Stay safe.

Perfection does not exist. The question therefore, is: what level of imperfection are we willing to settle for?

 

MKhalifa's picture

MKhalifa said I disagree, for it to be ...

I disagree, for it to be taxation, it has to comply with the requisites of a valid measure.

Inflation on the other hand is an effect of various factors in and out of the country.

KitKit

"Dura lex, sed lex."

 

Ashfaq's picture

Ashfaq said hi Ragnarock ...

I agree with your comments...but in both cases the common man is affected...

 

Ragnarock Raider's picture

Ragnarock Raider said Very true Ashfaq.... ...

Unfortunately for us (the common consumer), there are MANY ways in which we could be negatively affected by governemt fiscal policy, economic activity, or even just normal market cycle adjustments....c'est la vie.

Stay safe.

Perfection does not exist. The question therefore, is: what level of imperfection are we willing to settle for?

 

vignale's picture

vignale said :) Disagree. :) ...

:) Disagree. :)

 

noura4qtr's picture

noura4qtr said disagree ...

disagree

 

DaRuDe's picture

DaRuDe said are ...

 we having economic class here :?

 

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