Quote from article: And now House Speaker Mike Johnson wants to gut Social Security, Medicare, and Medicaid because “we’re drowning in debt.” What he fails to mention is that 100% of our nation’s $34 trillion debt was caused by Reagan, Bush, and Trump tax cuts along with the $10 billion in illegal wars Bush and Cheney lied us into.
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@sharonecathcart "If we just stole more money from citizens we wouldnt be in debt" is **not** a valid explanation of debt... It is spending, and while not cutting taxes would result in less debt, even then the debt would have been significant. So no matter how you cut it this take is wrong.
@freemo @sharonecathcart
Billionaires are an abomination, a symptom of the worst parts of Capitalism. No single person earns multiple billions of dollars.
The irony is, once you get to that level of worth, you pay less in taxes because you can afford to accountants who work the system on your behalf. If you are really wealthy, you can lobby politicians. You can get tax breaks just for creating jobs in a particular city.
That's the opposite of how a just society that takes care of those most in need should function.