Serving Proudly As The Voice Of Valley County Since 1913
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When Congress cuts income taxes, they increase your inflation tax in secret. This is like taking money out of your left pocket rather than your right pocket. Either way, you pay. When it comes to taxes, ignore tax rates and focus on government spending. Your taxes only go down when spending goes down, not when income taxes go down. Income tax cuts combined with spending increases creates massive deficits. Since people don’t want to loan money to the federal government at two percent interest rates, the Federal Reserve electronically prints d...