I heard a very good theory on how to combat inflation.
The government collects an increased tax amount from the wealthy and holds on to that money, effectively taking it out of circulation, and over the course of the next 10 or 20 years you trickle it out into public services.
Boom, suddenly you took money out of circulation and helped people at the same time.
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I heard a very good theory on how to combat inflation.
The government collects an increased tax amount from the wealthy and holds on to that money, effectively taking it out of circulation, and over the course of the next 10 or 20 years you trickle it out into public services.
Boom, suddenly you took money out of circulation and helped people at the same time.
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That’s how trickle down economics should actually work.