alt Hacker News1) wealth is not increased by tax break, only current income is increased
2) if government gives everyone tax break but not me, it means only that the government taxes only me
3) if everyone has 50% more money, there is very high probability that my business will go up A LOT
Seriously, dude, it’s not worthy anymore to try and explain to you very basic stuff. Inflation is not a balance between taxation and spending. All Middle Eastern countries are having huge spending and almost zero taxes. I asked you very simple question and you couldn’t answer.
What bothers me most is why people write about things they have no clue about and clearly haven’t even put a decent thought into it.
Basically what you believe in is that the thieves are controlling the inflation because they get some of the citizens wealth.
> only current income is increased
There's actually lots of taxes that aren't income or sales tax
> if everyone has 50% more money, there is very high probability that my business will go up A LOT
No, you'll be getting twice the money, but the money is worth half as much.
> Inflation is not a balance between taxation and spending.
It is for the US federal government.
> All Middle Eastern countries are having huge spending and almost zero taxes.
Those countries peg their currency to the dollar. Their money doesn't come from taxes, but instead from state oil companies. These countries aren't as free to hand out money like the US. If enough people tried to exchange their Saudi Riyals for dollars quick enough, and the Saudi government couldn't gather US dollars quick enough, their currency would very quickly collapse.