Reposted by David S. Mitchell
Them: You can't pay for the debt by soaking the rich.
Me and @dsmitch28.bsky.social: Maybe that's true in other countries but have you seen the concentration of wealth in the US?
equitablegrowth.org
Applying a debt-to-wealth lens internationally reveals subtle differences between countries’ fiscal capacities
A debt‑to‑wealth lens shows how wealth differences and inequality shape fiscal capacity and strategies for reducing government debt.