When is debt that everyone is talking about due? 2028, 2030? 2050?

Anonymous wrote:

Anonymous wrote:So many people seem to think the answer is to tax the Uber rich. The reality is this country needs to increase taxes on so many of the people below them. I’m sorry but if you’re earning $500,000 a year then you also should be paying more taxes. Then you can have nice infrastructure and less debt.

We earn about $600k and paid about 42% of that in taxes this past year. Please close the loopholes on the uber rich first.

Most of your wages are in the form salary that's probably why.

Anonymous wrote:So many people seem to think the answer is to tax the Uber rich. The reality is this country needs to increase taxes on so many of the people below them. I’m sorry but if you’re earning $500,000 a year then you also should be paying more taxes. Then you can have nice infrastructure and less debt.

We earn about $600k and paid about 42% of that in taxes this past year. Please close the loopholes on the uber rich first.

The federal government has spent $697 billion more than it has collected in fiscal year 2026 and we are only in February.

And we are going to see the largest tax refund in history. But here is the issue the biggest beneficiary are going to be people like me. Do you I am going to spend it? Nope I am not going to spend this money on a trip or consumption goods. I am going to save this money to grow my emergency fund even further.

We are in trouble folks. Unfortunately too many Americans have such low economic literacy skills they have absolutely no idea what's happening.

Read this. Interesting article

https://www.crfb.org/papers/what-would-fiscal-crisis-look

Anonymous wrote:Call me cray paranoid and weird lol, but I am so worried about the nation's debt that I am planning retirement under the assumption that whatever Ill have in my 401k when I retire 50% of it will be taxed by the government including state and local.

You aren’t wrong

Trump is coming for every dime

There will be no jobs no economy nothing by the time he’s done but breeding farms for women and bread lines

MAGA has no idea what they have done to the economy and the National Debt. They thing Soccial security will still be there lol 😂 😂🤣😂🤣🤣🤣

They think their kids will have jobs as plumbers that will pay living wages under a dictatorship.

There is no stopping this train wreck. If believe in god pray Trump dies soon. Maybe then your grandchildren will have a chance because your kids will not,

Trump is a Russian traitor con man his sycophants are out for blood and they will come for us all.

Call me cray paranoid and weird lol, but I am so worried about the nation's debt that I am planning retirement under the assumption that whatever Ill have in my 401k when I retire 50% of it will be taxed by the government including state and local.

Anonymous wrote:So many people seem to think the answer is to tax the Uber rich. The reality is this country needs to increase taxes on so many of the people below them. I’m sorry but if you’re earning $500,000 a year then you also should be paying more taxes. Then you can have nice infrastructure and less debt.

Go after Trump first.

He paid just $750 in taxes in 2016

Get back to us little people after your done

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote: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.

Why would that be the solution when billionaires can be taxed and wouldn't even notice it?

You can tax all the billionaires 100% and it still would not fully cover the debt.

that is just not true- Elon musk will earn a trillion $s as his own personal income for one (!) 1 calendar year. if we stop instigating stupid foreign wars, stop foreign aid and tax the .01% we can get rid of it. but we wont so I'm trying my best to provide alternative citizenships for my kids so they actually get something for the taxes they pay-- we pay 40% in tax and have the exact same lifestyle as our siblings in the EU (we pay through the nose for our kids schools, they get the same for free, same with healthcare but they are EU not Britain, UK family all do stints of tax free living in UAE to attain same level of nice SF house, good school and luxury car/vacation, good health insurance as us)

I think you contradicted yourself. You suggested that you’re paying the same levels of tax as your siblings but getting fewer services. Then you say that your British family have to go to the UAE to make enough money to have the same standard of living.

The highest marginal rates of tax are generally higher in European countries than in the US. It’s 55% in France and Sweden.

Anonymous wrote:So many people seem to think the answer is to tax the Uber rich. The reality is this country needs to increase taxes on so many of the people below them. I’m sorry but if you’re earning $500,000 a year then you also should be paying more taxes. Then you can have nice infrastructure and less debt.

OMG just stop yes the rich need to be taxed. Trump hasn't barely paid a dime in over 40 years nor has Musk or Bezos that is wrong just wrong.

Trump isn't going to make you pay more taxes to improve the US suckers he is going to pocket the monies. Once a two bit con always one.

Get ready not like Pig boy and his sickos haven't spewed this outloud and wrote it down

What do you all think dictators do not tax the poors LOL

So many people seem to think the answer is to tax the Uber rich. The reality is this country needs to increase taxes on so many of the people below them. I’m sorry but if you’re earning $500,000 a year then you also should be paying more taxes. Then you can have nice infrastructure and less debt.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote: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.

Why would that be the solution when billionaires can be taxed and wouldn't even notice it?

You can tax all the billionaires 100% and it still would not fully cover the debt.

that is just not true- Elon musk will earn a trillion $s as his own personal income for one (!) 1 calendar year. if we stop instigating stupid foreign wars, stop foreign aid and tax the .01% we can get rid of it. but we wont so I'm trying my best to provide alternative citizenships for my kids so they actually get something for the taxes they pay-- we pay 40% in tax and have the exact same lifestyle as our siblings in the EU (we pay through the nose for our kids schools, they get the same for free, same with healthcare but they are EU not Britain, UK family all do stints of tax free living in UAE to attain same level of nice SF house, good school and luxury car/vacation, good health insurance as us)

Federal Debt to Hit Record Levels, Budget Office Warns

https://www.nytimes.com/2026/02/11/business/federal-debt-record-levels-budget-office.html
The country is still on track to borrow what economists consider an alarming amount of money in the coming years. But the situation, on paper at least, has gotten only somewhat worse, but not significantly, under Mr. Trump’s unorthodox policy mix.

Those were the findings of the Congressional Budget Office, the nonpartisan scorekeeper, in its annual benchmark forecast for the federal budget released on Wednesday. Compared with its projections from January 2025, before Mr. Trump took office, the federal government is now expected to run a $23.1 trillion shortfall over the next nine years, rather than a $21.8 trillion one, a $1.4 trillion wider gap.

The C.B.O. said that the amount of debt held by the public is expected to become much larger than the annual output of the economy, reaching 120 percent of gross domestic product in 2036. That would surpass levels reached in the aftermath of World War II and put the world’s most important economy at risk of a destabilizing debt crisis.

Yes taxes will increase, but so will loopholes haha.

In my humble opinion the worst part about this debt is the fact we didn't even accrue this debt to provide a free education or free healthcare to our citizens. Think about this for a minute. A lot of countries that have a lot debt at least provided free public education and healthcare to their citizens

Then the question for the future becomes how does a country have a future when it took so much debt and yet it's people are not even as educated (because they couldn't afford the training) and are skipping critical health visits (because they cannot afford them).

The truth is we have a country that is made of silos. You can a fantastic existence by living in a secluded upscale neighborhood, your kids can attend elite private schools, you don't have to skip doctor visits, you can afford to have amazing vacations. These people are the ones who will have to be taxed. Do you really these people want this system to change? No way in hell. If needed they will fortify their existence should you try to disturb their peace.