Is defaulting on the debt constitutional?

[Hawkwin]

@TMFMurph

As to the wealthy being the primary beneficiary of tax cuts, please explain the upward trend in the amount of tax paid by the top 1% pay since the most recent tax cuts.

They pay more because their income has grown at a rate that far exceeds their increase in taxes:

Do taxes soak the affluent?

Lets put this in contrast. the number of tax returns for the top 1% have grown by 50% in the last 40 years (from about 1000 to about 1500). The total AGI of the top 1% has grown by 20 fold (2000%) over that same 40 years. So ya, it should be (even more) higher.

Heck, in 2021 alone the top 1% increased their wealth by $6.5 TRILLION dollars - or 500% more than the national debt increased in 2022.

Soaring markets helped the richest 1% gain $6.5 trillion in wealth last year,...