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You said that "the well off of America hardly pay taxes". Actual fact might be interesting. The top 1% earn 21% of total income and pay 40% of all income taxes. You also misrepresent the role of industrial policy where we are now wasting increasing amounts of money.https://www.imf.org/en/Publications/fandd/issues/2023/06/the-return-of-industrial-policy-douglas-irwin

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