• PlasticExistence@lemmy.world
    link
    fedilink
    English
    arrow-up
    9
    ·
    edit-2
    3 days ago

    Inflation is also not what the guy with the sign is taking into account in his complaint. He’s at least 40 years older in that picture than he was when he bought his property if he’s getting social security. The real purchasing power of whatever he paid back then is much smaller than the same number of dollars is now.

    $5000 in January 1985 would be the same as $15,055.50 now according to the inflation calculator on the Bureau of Labor Statistics website

    Also, it’s only every three years that he’s paying that much. Honestly, he’s not making the point he thinks he is.

    We need taxes to fund emergency services and local government in general. The problem isn’t that taxes go up in dollar amount. The problem is that the 1% take everything for themselves, leaving the rest of us to fight over crumbs. Our pay and public benefits (like social security) don’t rise with inflation because of the actions of the rich.

    The solution is so obvious, but we spend so much time arguing about everything but the real problem.

    • MDCCCLV
      link
      fedilink
      English
      arrow-up
      2
      ·
      2 days ago

      Yeah, if you are comparing the house you bought in 1980 for 10k dollars and say you pay 5k in tax every three years, using 2025 dollars then that is totally useless as a statement.