Regressive Energy Taxes Hit Poor and Lower-Income Families, Creates More Inflation
All taxes are always paid by the normal population. I always laugh when I hear that there is a new tax but it’s only big companies that have to pay it. Corporate taxes are factored into the prices for their products and services. And even if those products and services are only consumed by other companies, if you follow down the value chain you always come to the consumer. This means that all taxes and all regulations are always being paid by the people. Any politicians who wants to step out and explain this to the people?
It’s hard to believe that the U.S. economy doesn’t have enough money, when the simplest definition of inflation – now at a 30-year high – is too much money chasing too few good