Economic Update with Richard D. Wolff cover image

Establishment Media & Russia with Aaron Maté

Economic Update with Richard D. Wolff

00:00

The Government Borrows From Corporations in the Rich

David Frum: What happens if the government can't tax but is demanded to provide services? He says it borrows from corporations, which are good at getting out of paying taxes. U.S. owes more than total output of goods and services in any year, he says. Frum: Corporations make money instead of paying taxes; that's a simple, easy choice for them.

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