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Taxpayers didn't pay for any of the 2009 bailouts, which were actually loans, the repayment of which actually benefitted taxpayers. The bailouts, if paid by tax
by ChrisLomont 5y ago
Taxpayers didn't pay for any of the 2009 bailouts, which were actually loans, the repayment of which actually benefitted taxpayers. The bailouts, if paid by taxpayers, would have required paying about triple taxes that year, which didn't happen. The Fed, not taxpayers, made loans. By law, the profits the Fed made on those loans, went to Treasury, which actually does cover taxpayer expenses.
Read up on this before making claims that are completely opposite of the facts.