The trillion-dollar coin is simply FedGov borrowing $1 trillion from us.
The tax code’s complexity has created an environment in which tax-preparation services, lobbyists, favored industries, and politicians thrive, while taxpayers struggle to make sense of ever-changing rules and regulations.
Specific resources are limited. There’s only so much oil, land and water. But resources, in general, are unlimited — or rather, limited only by human ingenuity.
The reality is that a college degree is either valuable or it isn’t. If it’s valuable, it will pay for itself. If it’s not valuable, no one should pay for it. Either way, there’s no reason for the government to be involved.
A plan to shut down Social Security without cutting benefits to existing retirees or raising payroll taxes on existing workers, leaving everyone better off.
We’ve reached the end of the road and found that the people who must ultimately pay for unlimited government are us. And whether through taxes or inflation, pay we will.
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