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by the_real_cher 774 days ago
I mean most of our debt is to entities within the USA.

Which means instead of taxing the wealthy were paying them for the privilege of using their money.

So that could be a good thing.

When the rich were taxed heavily post WW2 the US was a pretty great place to live if you were middle class.

Not sure if that would work out still in a post-gold standard, modern uni-party ruling class USA where taxes may not be used efficiently.

Even some rich people question how little taxes they pay.