http://www.gambling911.com/Ron-Paul-111807.html
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This “inflation tax” is what is causing most of us to feel the economic pinch right now. Right now one main reason things are so tough on you financially is because the government is spending up to one trillion dollars a year on the military. Guess who is paying for that? Us. Guess when? Now and in the future when we will have to pay interest on even more loans the government took out. The government has no money of its own, it only gets what it takes from you and me. And they have been taking a lot of it. We just haven’t seen it directly coming out of our pockets in the form of taxes in our paycheck, but we sure feel it when it costs over fifty bucks to fill the tank, or milk is five bucks a gallon, or your cat food goes from 7.99 to 12.99 in three months. Right now the prices are rising because the value of the dollar is dropping.
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I’d say a lot of people are finally waking up to the fact that the “inflation tax” might be a bigger bite than any other single tax.
Bout time! It is.
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