U.S. October PPI Rises 6.5% YoY, Highest in Nearly Four Years

Re:U.S. October PPI Rises 6.5% YoY, Highest in Nearly Four Y... by laughing_man on Friday November 13, 2026 @05:43PM (#50491156)

That sort of crime-stop thinking is what keeps working class people just scraping by. I said nothing about race or tax policy. You're so busy looking for "code words" only you can read you've missed the point.

Tax policy is a red herring even if you don't realize it. Wealthy people never pay more than about 25% in tax. If you raise the actual tax rate more than that their tolerance for risk goes down and you gimp your economy.

[ Parent | on HN ]

Re:U.S. October PPI Rises 6.5% YoY, Highest in Nearly Four Y... by bijowo1676 on Friday November 13, 2026 @06:16PM (#50491537)

why do you care about wealthy people's tolerance for risk ? nobody thinks of my tolerance for being overtaxed

I have far more in common with tech visa workers who are overtaxed on their W2 wages, than with big capitalist who never sells and never pays a dime to irs

[ Parent | on HN ]

Re:U.S. October PPI Rises 6.5% YoY, Highest in Nearly Four Y... by laughing_man on Friday November 13, 2026 @06:53PM (#50491875)

We all care about tolerance for risk. Investing in a new venture is risky, and every calculation is a balance of risk and potential reward. If you tax away the reward, nobody will take a risk, and that will stifle job growth.

No new jobs means more competition for the jobs that exist, and that means lower pay.

[ Parent | on HN ]