The Silent Tax

What's the most annoying and sneaky tax of them all?

Inflation

Why isn't this discussed more? Every time the government spends money that it mints (on failing programs that shouldn't exist anyway) the value of all money goes down. This, in turn, hurts the middle and lower class the most. It's a silent killer and one of the things that drives people to foolishly hunt the highest returns they can, in order to just make up for inflation. The value of our money is partially transferred to the government as they print and spend it. Another infuriating tax that we never even see until it's too late. $1,000,000 sounds like a lot, right? Well, give it 30 or 40 years. It will only be worth a piddling $250,000 or so.

So, if government cut spending, inflation rates would not increase as rapidly, making our money worth more, longer. I have much of my money patiently waiting in CDs in this bad economy, yet, I am losing to inflation, even with a 4% return. It's frustrating that you get taxed to the hilt no matter what you do. And inflation is a nasty tax that you can't hide from. It will get you even if you don't declare the money and keep it under the mattress.

So, why is it that Barack Obama, Defender of the Little Guy, wants to spend more? Shouldn't he cut spending to best help those struggling? Especially in a down economy, wouldn't you want to do anything in your power as President to reduce the financial burden on Americans?

Guess not...

STOP STEALING MY MONEY!