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Originally Posted by Rajoo
Any tax increase is political suicide and the main objective of a politician is to get reelected until retirement. So why bother when we can borrow to our hearts content. USD is the only currency trusted worldwide, so we sell bonds and print money. Eventually the debt will become an insurmountable burden and then the devaluation pressure will be on and eventually everyone will get screwed. We will continue to borrow till someone says no and so far there is none.
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You should know better than that, adding to the national debt and a phobia of taxes is a Republican thing.
When Democrats and Independents pass the reconciliation infrastructure bill it will be paid for with tax increases on the wealthy. I would support it even if tax increases hit my tax bracket. I've always been willing to pay my share.