Hacker News new | past | comments | ask | show | jobs | submit login

I agree with your point in general, and disagree with the OP's sentiment. However, seigniorage via central bank Interest Rates is considered a tax by most economists (or at least most economists would reasonably accept an argument that it was tax as legitimate), and does materially impact prices.

As a result, it's not entirely correct to say that tax rates haven't increased in Europe over the last 2 years.




Interest rates were raised, across the board after inflation hit post covid, those hikes were a counter measure. I am no economist so, but the take that all taxes are bad, all governments are incompetent that all wouod be good if we had just done some super easy thing is at best lazy and worse case really dangerous. Easy answers to comolex questions is what gives us populists.




Join us for AI Startup School this June 16-17 in San Francisco!

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: