Post
Topic
Board Economics
Re: If 1 in 5 of Your Tax Dollars Pays Only the Interest
by
Unknown Op
on 20/07/2025, 19:32:52 UTC
Debt is burden on the economy of the country. USA government took debt and billions if dollars are required to pay but that is not possible in future years and government is taking more money and that amount will increase in the future. Our children will pay the debt which government is taking and they are using this amount for their benefit which are showing the work of government. In the next 4 to years government will change and politician will take more debt to give stability to the middle class people but that is not good for country and government will apply more taxes on the common people because they have no other resources to pay taxes .As they are take debt for giving relief to the public and public will pay the next installments .