If Obama is not going to raise taxes, who is paying for the stimulus bill, what will it cost and when will it come due?
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M$3 Answers
I think many of your details, while passionate, seem to be slippery slopes tempered with allegations with no sources. I understand venting, but I don't think it is constructive to post a strong political statement under the guise of a question, and then answer the question the way you see fit for yourself.
Perhaps if you took your long details section apart and asked questions specific to the many points you made, I could make better sense of what type of answers you want.
The US government is a far cry from totalitarian, and to assume that this country would allow the future you propose belittles their intelligence, passion, and power.
But if I had my choice of hypothetical extremes, I'd rather be in a totalitarian secular regime run by a sycophant and some dorky technocrats than a Confederate Theocracy run by some miserable, bomb-loving idiot that rolls back civil rights and continues to sell Jesus to get votes.
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Another tax on trading stocks and bonds and even an increase in cigarette tax.
Who will pay for the stimulus? Well a lot of us will be- though some of us won't notice since we will be paying as we go. We are also going more in debt for it. I wouldn't be surprised if the increase in taxes only covers the interest on the debt.
I don't think there is any way to say how much the stimulus bill will cost. Theoretically, we could keep paying interest on it forever and never put a cent towards the principle. On the other hand, we could really crack down, cut programs, and pay off the debt in just a few years. I know that the later option is highly unlikely- but the bottom line is, the sooner we pay off our debt, the less we pay in interest.
Personal opinion
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M$
You can leave an optional "tip" with Mahalo's virtual currency, Mahalo Dollars. If you are asking a difficult question that might require some research, or if you'd like a wide variety of feedback, a higher tip often leads to more answers to your question.
M$
