Office_Shredder
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turbo said:This is a gross simplification. Everybody who buys stuff at retail is subject to sales taxes (local and state), and everybody with other tax obligations (excise taxes, property taxes, etc) all have to pay a share, which can go to the Federal government or at least offset their states' obligation to the Fed. Taxes are built into every transaction, and we all have to pay them.
I realize it's a simplification, but the implication that people who are at the lower end of the economic scale are being screwed by our large national debt is way more of a simplification. Plus local and state taxes are not involved with paying off (or reducing the rate of growth) of the federal debt so are irrelevant to the point - if anything, money flows from the federal government to the state, so as far as the federal government is concerned, it's borrowing money and taxing people so that people who don't pay income taxes also get to pay less in state and local taxes than they otherwise would.
This is not a statement about the effectiveness or efficiency of the tax system (a conversation about which is not appropriate for this thread) but merely me remarking that claiming that every American is saddled with an equal share of the federal debt is certainly the wrong way to look at things.