Quite spot on, I think. Most of people even forget the most powerful donors for the campaigns of both the Republican party and the Democrat party are part of that small percentage of people who are filthy rich and would never want to have their taxes increased to a whooping 45 percent, assuming we are talking online on capital gain taxes, that is. In the end, tone of the slogans and talking points of the Jode Biden administration has been to make the rich to pay their fair percentage in taxes, but that is pretty much relative and depends whom one asks.
It seems people in the country are not even realizing that the debt ceiling cannot be infinitely raised at the will and whim of the people forever and the nation will have to find it's way to pay their debt, politicians in Washington are playing with the future and destiny of the coming generations by not taking care of the problem and address the deficit in a more serious mature way, in my opinion.
Yes it is true that rich people have too much influence on politics and they mostly put their own interests first. Biden administration says they want rich to pay their fair share of taxes but it is complicated issue with different opinions. What is more worrying is that country debt is growing fast and politicians are not doing enough to fix it. Just raising debt limit over and over is not a solution and is unfair to future generations. Leaders need to take this problem seriously and find a real solution instead of just delaying it. It seems people in the country are not even realizing that the debt ceiling cannot be infinitely raised at the will and whim of the people forever and the nation will have to find it's way to pay their debt, politicians in Washington are playing with the future and destiny of the coming generations by not taking care of the problem and address the deficit in a more serious mature way, in my opinion.
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