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yep, means that citizens pay the debt of the state
Then, it would also mean there is no such thing as a default because there are those who pay the debt. In other words, the US government has never really defaulted on debts because we are paying them off, right?
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10 sats \ 8 replies \ @Lux 3 Dec
until they can tax, there's no debt ceiling
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It looks to me like they can tax until everyone is bled as dry as a stone. The congressional mavins are trying to get even unrealized gains taxes on the books! That is taxing imaginary gains without deducting imaginary losses, what more can we ask of the crooks in the congress?
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10 sats \ 6 replies \ @Lux 3 Dec
looks to me like they can tax until everyone is bled as dry as a stone
bingo
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Ohhhh…… I always disliked that game, “bingo”. I never had “bleed them dry” on any of my bingo card squares! I always lost. :) There must be some way to deny your part in the deal. After all, their is no contract for any of it and, perhaps, no consent.
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20 sats \ 2 replies \ @Lux 4 Dec
way to deny your part in the deal
you're in the USA right? there is the easiest
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How would you do it if you were in the USA?
@lux posts tidbits on how each and every day! (and they're greatly appreciated)
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I noticed the postings and look forward to them each day. Thanks @lux!
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