How to solve the problem of the enormous federal debt of the United States

The federal debt of the USA is more than 33 trillion USD.

There is no quick solution to this problem.

The US government pays more than 10 billion USD in interest per day because of this debt.

Increasing the federal government's tax collection is the best way to solve this problem.

And this tax collection must mainly accrue from corporate tax, capital gains tax, and dividend tax.

How can the tax kitty increase tenfold?

The answer is simple.

By making the American corporations even bigger.

This means the government must frame policies encouraging businesses to gain more profits.

Imagine if the USA has at least a hundred companies in the S&P 500 index with a market capitalization of a hundred trillion dollars in the next 10-15 years.

And imagine the revenue which the federal government can generate through tax collection.

This will solve the enormous federal debt problem that is bleeding the government coffers.

In other words, the performance of the US stock market in the next one or two decades holds the answer to whether this debt could be paid off.

Subscribe to Bible Analysis

Sign up now to get access to the library of members-only issues.
Jamie Larson
Subscribe