Congresswoman Nancy Mace: ‘Inflation Is Taxation’

Congresswoman Nancy Mace: ‘Inflation Is Taxation’
Rep. Nancy Mace talks to supporters during her election night party in Mount Pleasant, S.C., on Nov. 3, 2020. Mic Smith/AP Photo
Masooma Haq
Updated:

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.

Masooma Haq
Masooma Haq
Author
Masooma Haq began reporting for The Epoch Times from Pakistan in 2008. She currently covers a variety of topics including U.S. government, culture, and entertainment.
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