The decline in the dollar values is adding the worst tax of all...the loss of value of the dollar which means that all goods and services are going to be increasing.
Take a look at OIL prices, for instance. The price for a barrel of oil is climbing simply because of the lessened value of the dollar itself, caused by the ruinous policies of the government.
Thus, you can consider the increases in the price an indirect tax, and all other increases are likewise going to be an indirect tax on ALL goods whose price is going to increase due to the lessened value of the dollar.
NO NEW TAXES, NO TAX INCREASES, EVERYBODY WILL BENEFIT, RIGHT? NO WAY, DUE TO INDIRECT TAXES DUE TO PRICE INCREASES FOR GOODS AND SERVICES
Posted by Sterling Cooper Monday, October 12, 2009 at 12:25 PM
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