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When more money is printed, everyone who uses that currency is indirectly taxed through inflation, as the value of their money decreases.

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AnswerBot

4mo ago

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How can you invest more in your IRA CD?

By putting money into an individual retirement account, you can reduce the amount of tax you pay for invested money. Instead of being taxed, the money put into the IRA is reinvested for more growth.


What is being in the red?

You spent more money then you have in your bank account i.e. your negative bank balance is printed in red.


Is money that was printed incorrectly worth money?

Yes, actually in most cases it's worth more than correctly printed money.


How did the us involvement in the war end the Depression?

WWII US supplied Europe since 1938 This improved trade and brought money back into the economy Factories needed workers to build weapons and tanks and stuff, so they hired more workers. this improved the economy in Detail: Businesses payed more people, that money was taxed. they spent money, it was taxed again. the spent money went back to the business owners, so they got more money. that money got taxed again. that meant the government got more money and people got more money. there was more money in the economy.


Why would debtors in the countryside who owed people money want more silver to be coined and more dollars to be printed?

The debtors owed money so they need money to pay back the money they owed so they wanted more silver coined and money printed. The creditors were against this because it was their jobs to lend money and if money was just printed they would lost money and eventually their job.


Why not leglise cannabis?

the government is getting more money from it being illegal than if it were taxed 858,408 marijuana arrests in the US in 2009 alcohol companies would also lose a lot of money; they are in charge of the live above the influence commercials so that they can make more money


Which agency can request that more money be printed?

the federal reserve


Why did the colonies rebel against the British government?

Taxation without representation was the main reason, they thought that they were being unfairly taxed, when in accuallity, the folks of England were being taxed way more.


When America needed to pay its soldiers they printed more and more money which led to?

Inflation


Do you get taxed more biweekly?

Your tax amount is generally the same whether you are paid biweekly or monthly. However, since biweekly paychecks are smaller, it may appear that you are being taxed more.


How much money can you have in a savings account before being taxed?

Everything is taxed, I'm assuming you mean in the US, so the highest value you can have without being taxed is $0.00. Most millionaires hide their money in Switzerland or the Cayman Islands to avoid this though. Its all about how to be smart with your money once you get it. Hide it outside the US so that it gains interest without being obliterated by the US Government. Source(s) I bring cocaine into the US by the cargo ship and work at a grocery store. Guess which paycheck I hide. (Spoiler: the grocery store one). And I'm fat, which gives me more time to sit on my carcas and research stuff.


What was the value of southern money after the civil war?

No more than the paper its printed on.