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Re: How Has the Economy Affected Your Income?
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Originally Posted by Praxeas
Well first of all I was not talking to you :-p
Having less to spend because of inflation and taxes is like your income is lower
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LOL! Soooorrryy. 
But, yes, inflation is the silent tax. Higher taxes means less expendable income. But if someone also has taken a pay cut or just a cut from more social security withholding, that is less income.
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