Do you think taxes will increase to pay for the nation's debt?

[Anonymous]

Do you think taxes will increase to pay for the nation's debt when I am about to retire in 2045?

I will turn 60 in 2045 lol

It seems to me that we keep kicking the can down the road.

And now population growth is slowing and age dependency ratio increasing.

Don't you think at some point we will be forced to increase capital gain tax because that's where a lot of money can be raised?

Or is national debt just an abstract concept that does not matter?

[Anonymous]

If course it will

Taxpayers now are not only in the hook for that we have to pay Tarriffs and trumps bs lawsuit $ 10 billion

Mafa can not do math
They have no idea what financial literacy is

Trump is going to take Social security monies as well

If you think Trump is going to give up any taxpayer monies and make your life better you have missed the plot

[Anonymous]

Absolutely. For someone. The question is who. The middle class or millionaires or billionaires or corporations or some combination thereof.

Trump is running up the debt very quickly, and firing IRS agents so that our collections of taxes owed have dropped precipitously.

[Anonymous]

Yes.

[Anonymous]

Since tax increases are politically unpopular, its more likely the situation will be addressed instead with high inflation.

[Anonymous]

If you're interested in a rigorous but accessible analysis

https://mankiw.scholars.harvard.edu/sites/g/files/omnuum5931/files/2025-07/Feldstein%20lecture.pdf

[Anonymous]

100000% yes.

It will be subject to intense political debt, but we have no choice.

And I say this as a conservative. I honestly don't think the average American understand how much debt we have and that at some point it will have to be repaid.

It's going to be ugly because we are aging as a population and soon births will likely come to a halt.

Cutting promised entitlement such as social security and Medicare have proven to be impossible.

[Anonymous]

If we hike taxes to pay for our debt that's fine. However knowing the greed of rich people, we will hike tax so they can pass more money to their kids tax free.

But I hope they put their greed in check because while they didn't have to deal with the social ramifications of a broken country, their children will.

[Anonymous]

Thus is why you want to move as much to a Roth as you can. Pay the taxes now.

[Anonymous]

Yes and SS is going to decline

[Anonymous]

We need more taxes. It's not a choice.

[Anonymous]

Have you done the math? It's something like 350k per taxpayer

[Anonymous]

They’re long overdue to be increased. Crumbling infrastructure, unfunded endless wars over the last almost 3 decades, kowtowing to big oil, the list goes on.

[Anonymous]

Too bad every single person on this forum will do everything in their power to avoid paying taxes, but simultaneously complain that the ultra wealthy dont pay enough.

This is massively evident by the extreme TDS mixed with posts on tax planning strategies. The hypocrisy is unreal.

[Anonymous]

Taxes will have to increase. And entitlement programs (SS, Medicare, and probably Medicaid) will have to be cut as well. Both must happen, there is no other way. The only question is when.