Wednesday, May 12, 2021

Raising Taxes right now for Infrastructure is Not Sustainable

 In other words "We have entered a time much like the Great Depression regarding the loss of Jobs nationwide. Therefore raising taxes for infrastructure cannot really work and more likely will saddle all citizens with unsustainable debt.

It might work to tax businesses but if you tax individuals it will completely backfire, especially if you try to tax homeowners nationwide which could create a situation actually worse than the Great Depression and worse than the Great Recession too.

However, if businesses are taxed beyond a certain point you will see many businesses close because they cannot sustain the taxes which will put millions more out of work nationwide and this will ripple out and harm the whole world both directly and indirectly.

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