You paying higher taxes doesn't reduce the budget deficits.
Government spending is out of control. The last time U.S. had a surplus federal budget was back in 2001.
Indexed to the year 2000, Tax Receipts have grown to 218% and the Budget deficits have grown to 717%!
Usually, governments finance these chronic deficits through currency debasement and debasement erodes your savings (& wealth). Plus, through inflation your purchasing power gets diminished.
You cannot control how much the government spends, but you can control where you save your hard earned money.
Study #Bitcoin!
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