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In other words:

IF the US raises corporation tax by a third,

AND that doesn’t scare away any corporate profits,

AND the government eliminates its spending deficit immediately,

THEN it could pay off its debt

EXCLUDING interest

in 350 YEARS.

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bitcoms 1y ago

https://www.crfb.org/blogs/kamala-harris-proposal-raise-corporate-tax-rate-28

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