Why do govts raise interest rates to slow the economy instead of tax rises?

Question

With interest rate rises, the people in the most debt suffer the most. With tax rises, the highest paid suffer the most, and the govt has extra revenue to help the ones struggling the most. This is never considered by any govt. Why not?

In: 1129

Answer 1

Only ~60% of US households actually end up having any tax liability. So, if congress raised taxes, it wouldn’t actually effect everyone. Raising interest rates effects everyone with mortgages, car notes, credit cards.

https://www.cnbc.com/2022/10/28/more-than-40percent-of-us-households-will-owe-no-federal-income-tax-for-2022.html