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The GOP offers tax cuts to the wealthy, inducing a higher debt-load for the US. The wealthy turn around and buy US government bonds. The rest of us pay the we
by wavefunction 9y ago
The GOP offers tax cuts to the wealthy, inducing a higher debt-load for the US.
The wealthy turn around and buy US government bonds.
The rest of us pay the wealthy bond interest and pay taxes against the debt accrued by offering tax cuts to the wealthy so they could buy US bonds.