this post was submitted on 15 Sep 2023
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This is something I have not heard. Economists often mention that taxes are at historic lows in many western countries being lower than almost any other point in history.
Please provide more information on this as I would like to learn more. On what items do you feel taxes should be addressed? What is the current tax rate on those items? To what level do you think it should be changed?
Also, in general, food prices have been driven by profit-seeking behavior. It has been proven, but its also obvious that food prices are massively out-pacing inflation if you do any sort of static budget planning.
It seems odd to me that we would lower taxes on profit seekers, but I hope your follow up will provide more info. Regards.