I didn’t know the fact above. Assumed more. But for a familiar scale that’s like a $13,000 auto loan of an average income household.
That means the big scary national debt could be paid off fairly quickly with only a marginally higher tax burden to the biggest corporations. We may need to do that if, for example, a bunch of political grifters wreck our credit.
26.9% still is a lot of money.
I didn’t know the fact above. Assumed more. But for a familiar scale that’s like a $13,000 auto loan of an average income household.
That means the big scary national debt could be paid off fairly quickly with only a marginally higher tax burden to the biggest corporations. We may need to do that if, for example, a bunch of political grifters wreck our credit.