Whether through taxes, debt, or inflation, government spending is about ripping off the productive taxpayers. Argentina's inflation and runaway deficits provide a cautionary tale.
If business owners could increase their prices without a loss in sales, they would have already done so. Yet many conservatives mistakenly claim tax increases are just "passed on" to consumers.
Thanks to central banks' easy money policies, historically low interest rates and a desperate search for yield have created new danger zones for investors trying to stay out of trouble.
