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558
HeadSet
2026 Jan 9, 9:17am
HeadSet
2026 Jan 9, 9:17am
Yes, even if salary inflates along with prices, you do not get richer but you pay more in taxes. Unfortunately, people feel rich when salaries and home prices inflate. One can feel smug now that the $600k home he bought 10 years ago is now valued at $1million, but in reality he still has the same home but now pays taxes like a million dollar homeowner.
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It seems that Fed employees know how to get rich betraying the public.