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SYSTEM PROCESSING...
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SYSTEM PROCESSING...
Posted: 2025-05-16 18:31:53 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-05-16 18:42:49 UTC
Verified By
Rollup News
The thread argues that the US doesn't have a spending problem but a revenue problem, pointing out that the wealthy are not taxed enough. It highlights the historical context of high marginal tax rates and their impact on reducing debt, suggesting that increasing taxes on the wealthy and addressing income inequality are solutions to the deficit.
The US doesn't spend as much as other developed countries.
Cutting social programs won't solve the debt issue.
Low taxes on the wealthy contribute to income inequality and debt.
Increasing taxes on the wealthy and raising wages can help reduce the deficit.
Low top marginal tax rates.
Refusal to cut or freeze the military budget.
Income inequality.
Tax evasion by the wealthy.