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Is it true that if Congress increases the annual federal deficit, the taxpayers' annual after-tax savings will also increase?

4 Answers

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  • 5 years ago

    No, only the handouts used by the Deamonrats to gain the trust of their Dummycrap voters will increase.

    The Middle Class will be diminished even Further since They will have to pay the interest on all that debt.

  • Nosmo
    Lv 7
    5 years ago

    No.

  • Anonymous
    5 years ago

    Yes, this is due to the accounting identity:

    Private sector = Public Sector + Foreign market

    If the government increases the deficit, more money flows into the private sector.

  • When the IRS gets what it can, where could the rest of the money possibly go?

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