"All of this massive debt that's being piled up is effectively a tax on children. It will be passed along into the future -- or it results in the sale of the assets of the country overseas," he explains. "For instance, we owe China $1 trillion as it stands now.
"Or the factor that will also be combined as a result of all this is inflationary pressure," he continues, "which is another form of regressive taxation that hurts the most poor and vulnerable among us."
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"Or the factor that will also be combined as a result of all this is inflationary pressure," he continues, "which is another form of regressive taxation that hurts the most poor and vulnerable among us."
More Here