Political Quotes

Pat Ryan: “Inflation transfers wealth from the people to the government, and, frankly, there is no better definition of a tax than…”

On the recordSeptember 18, 2023
Inflation transfers wealth from the people to the government, and, frankly, there is no better definition of a tax than that.
Said by
Pat Ryan
Democratic · New York

Editor's note · Context

Ryan defines inflation as a transfer of wealth from citizens to the government.

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