Exploring the Not-So-Altruistic Aspects of the "Buffett Rule"

[snoop]

Let it go moron, you've been defeated, exposed, and humiliated because of your stupidities multiple times, resorting to trolling and strawman tactic won't change that.

 

[akphidelt]

Let it go moron, you've been defeated, exposed, and humiliated because of your stupidities multiple times, resorting to trolling and strawman tactic won't change that.

It's a simple yes or no answer...

So are you saying tax payers pay for interest on intragovernmental debt?

 

[snoop]

The resident idiot is working hard to get the SHAMELESS TROLL award now eh. :grandmais

 

[akphidelt]

The resident idiot is working hard to get the SHAMELESS TROLL award now eh. :grandmais

It's a simple yes or no answer...

So are you saying tax payers pay for interest on intragovernmental debt?

 

[akphidelt]

Fletch, just imagine it in an accounting sense. This is a basic view of the Govt's balance sheet in regards to debt

A | L
Intragovernmental Debt $1000--------| Intragovernmental Debt $1000
Intragovernmental Debt Interest $100 | Intragovernmental Debt Interest $100
Tax Revenue $3000-------------------| Public Debt $5000
Borrowings $3000---------------------| Public Debt Interest $1000

 

[snoop]