Are you involved in real estate? Commercial Airlines? Green Energy jobs? The Stock indices? Public employment? Village county, state federal? Military? Medical related? Pharmaceutical related? National defense? Space exploration? Plus countless others, you are on welfare. When you buy an imported product you are paying a tax to a foreign nation. Or a big global corporation.
I always felt that people that benefit the most from Gov’t agenda, should be in a higher federal tax bracket. And if you get no help, or the gov’t gives your job away, or you served in the military to fight for foreign nations, you should be tax exempt.
Try to imagine the tax rates would be if we has zero deficit spending and did NOT have a $28 trillion national debt? Thank God for that deficit. The HUGE Bond market holders are holding the bag, they are vulnerable. Banks foreign gov’ts etc. They are the cosigners. But even if they lose it all, it was just excess easy found money, and they obviously didn’t spend or need the money. LOL. If the system could talk?
“Oh you don’t need this money? You want to invest it? Ok thank you we will spend it”