Bloomberg:
It is important to realize the chart you displayed showing national debt since 1960 was designed to show a large spike at the end. I would like to see that same data displayed over 30 years and have yearly intervals of time.
Also we tend to have a tiered system of taxation. People who RELY on dividends tend to have less taxes or no taxes.
We need to pay our debts, start new massive projects, and build infrastructure.
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