Post #2334 by very stable genius on the US Policy board

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Deficits occur when governments fail to tax corporations and the rich sufficiently.
(Remember when America was great in the 40's & 50's and the top tax rate was 80%?)
Such governments then borrow from the same corporations and the rich the money they failed to tax.
The average tax payer will then pay interest to the corporations and the rich who lent the money to the government.
What a hustle!

How dumb do they think we are?
(This question is rhetorical, I read this board, I know the answer.)

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