One brief example - imagine that governments benefit right now from the global rising prices because the VAT rises too. Not only they do not feel bad for the citizens but actually profit from the lowering standards of living caused by the inflation ect because they get more money which go...where?
They don’t earn more as percentage is the same. Money goes into the same spending as before, as prices for these rose as well
Well if an asset doubles in value but the tax percentage remains the same, there will still be more money on the table for them
Which is spent on the same things as before that now cost more because of the same inflation. What are you even talking about lmao
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