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By Ron Bennett
For all the small business owners out there struggling to make it, here is simple calculation of the hidden tax paid due to inflation:
How much is the tax due to 4% inflation on a $1 million dollar small business making 15% ROI over 18 years?
Answer: $6 million dollars.
How much goes to the government? $600,000
How much goes to the Federal Reserve banking cartel? $5.6 Million
Calculations: