Published by admin on Fri, 05/26/2023 - 5:56pm
NATIONAL DEBT: May 25, 2023
Whenever we have a national conversation about government debt, Democrats invariably respond that spending is not the reason the debt is now nearly equal to our national GDP. The real cause of our indebtedness, they inform us, is that taxes aren’t high enough and the rich don’t pay their fair share. From increasing the marginal tax rate to more than 70% for higher-income earners, to taxing 100% of income above $1 billion, to the president’s recent debt-ceiling plan, Democrats overflow with ideas about how to tax us more.
PLEASE LOG IN FOR PREMIUM CONTENT Our website requires visitors to
log in to view the best local news. Not yet a subscriber?
Subscribe today!
