Peter Schiff Says Republicans Touting ‘No Tax’ on Tips Must ‘Accept Responsibility for Higher Inflation’: ‘That Was the Trade-Off’
Peter Schiff links Trump's tax cuts to inflation, arguing higher prices could erase savings as deficits and government spending rise.
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Why It Matters
Some people say cutting taxes on tips sounds good. But if the government spends more money without collecting taxes, prices might go up for everyone.
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