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Phoebe Joey

Phoebe Joey | Printing money adds to the money supply, which increases inflation; Printing money adds to the money supply, which increases inflation; Raising taxes reduces the money supply, which reduces inflation; Raising taxes reduces the money supply, which reduces inflation; Raising taxes also increases revenue, which reduces the budget deficit; Raising taxes also increases revenue, which reduces the budget deficit; The Inflation Reduction Act raises taxes on the rich, which will both curb inflation and reduce our deficit! Win-win! Taxation is theft! It’s a communist bill! Let’s Go Brandon! | image tagged in phoebe joey | made w/ Imgflip meme maker
62 views • 2 upvotes • Made by Slobama 2 years ago in Politics_Redux
phoebe joey
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1 Comment
Deebos06
0 ups, 2y
If you had actually read the bill you would know that it doesn't have any effect on the rich in general and it actually taxes the ones giving us goods and services therefore adding on to inflation, in turn making inflation a much tougher situation to deal with.
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Printing money adds to the money supply, which increases inflation; Printing money adds to the money supply, which increases inflation; Raising taxes reduces the money supply, which reduces inflation; Raising taxes reduces the money supply, which reduces inflation; Raising taxes also increases revenue, which reduces the budget deficit; Raising taxes also increases revenue, which reduces the budget deficit; The Inflation Reduction Act raises taxes on the rich, which will both curb inflation and reduce our deficit! Win-win! Taxation is theft! It’s a communist bill! Let’s Go Brandon!