Why U S citizen can't see that debt and tax are the same
why people in the U S can't see that debt is a tax. the conservative party lie to the people when they said no tax raise and keep putting this country in record debt
I don't understand the first sentence; my understanding is that debt is having less than zero dollars, or having more money to pay off through loans or whatever than one's income can provide. You're right in the second sentence, though. More money has to come in to the government to pay off debt. As to why U.S. citizens don't fully understand this is because of a combination of self-serving attitudes, short-sightedness, and superficial compassion. Everyone wants America to be prosperous, but they don't want to do anything to obtain such state.
I thought inflation was the hidden tax and that there was corporate debt profiteering by
'vulture' funds that sue for full repayment of debts that they have bought up cheaply.
All government spending represents a tax.
Willard "Mittens" Romney worked as a vulture capitalist for Bain Capital until 1999.
Are you a national, on here, on some visa, or are you one, whose family has paid taxes for generations?
Are you paying the tax dollar, or living upon it............
Yes, it matters.
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by Bill Manning 8 years ago
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by Texasbeta 7 years ago
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by Chinweike 8 years ago
My country just got debt cancellation some years back and from the look of things, i think they are tending towards the same path that led to the previous debt trap and i wondercan my coutry go into debt that it cannot come out from?
by Jason Menayan 8 years ago
Who's to blame?
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