Freshman Rep. Nancy Mace (R-N.C.) said Monday that although President Joe Biden and the Democrats have said they will not raise taxes on low- and middle-income earners, out-of-control spending by the federal government is causing inflation and is a form of taxation.
“Inflation is taxation. And you saw the Feds last year. They printed $4 trillion, or they’re on par to print another $4 trillion,” Mace said during a Monday interview with Fox News.
