Originally Posted by
Gone Flying
while stagflation may be the current worry, if interest rates continue to rise I think the next one may be taxes. The US has a boatload of debt and high interest rates means we need more revenue to service that debt. I have a hard time thinking taxes will not be going up in the near future. The more things we can get that are not necessary taxable (like some of the things on my list) the better IMO.
completely agree; only hiccup is dollars in the checking account are what count. Hard dollars; not "if I get this, I'll have more $$" dollars. Pay rates are easy to translate into hard numbers. Dry cleaning costs are an extra step, and thus, most pilots will not care.
We're our own worst enemies. Every time.