Low Taxes = National Debt and here we go.

Low taxes to the poor means less funding. So being the poor takes in more tax dollars than they pay out in taxes to say low taxes to the poor they cut back their own spending to compensate for less funding. Knowing they will more likely have no safety net so must act accordingly. This is a bad thing by itself. But also low taxes to corporations goes to the stock investors being they make more money than workers without having to pay for benefits. One stock investor makes way more than a Walmart with 500 workers with all those wages and benefits to pay. Workers don't see low taxes they feel it being taken away from them. So low taxes goes toward the stocks!

~~~~~Hedge fund manager: Stock buybacks should be 'illegal'
Veteran hedge fund manager Mark Yusko is deeply skeptical of the stock buyback boom set off by President Donald Trump's tax overhaul.

"I call it the tax deform bill. It was just a free handout to rich people who pay a lot of money to lobbies," Yusko, the founder and CEO of Morgan Creek Capital, told CNN Business. Instead of using its tax savings to speed up the economy, Corporate America is just "buying back stock to stimulate their stock price," Yusko said from the sidelines of the Cayman Alternative Investment Summit.
https://www.cnn.com/2019/02/10/investing/stocks-week-ahead-buybacks-mark-yusko/index.html

~~~~~National debt surpasses $22T for first time in U.S. history.
The gross national debt surpassed $22 trillion for the first time in U.S. history, according to data released by the Treasury Department on Tuesday.

The Treasury Department estimated the national debt reached $22.01 trillion, up $30 billion from the previous month.

National debt stood at $21.974 trillion as of Dec. 31, representing an increase one year after President Donald Trump signed a tax reform bill in which a lower corporate tax rate lowered Treasury revenues.

Michael A. Peterson, CEO of non-partisan budget watchdog the Peter G. Peterson Foundation, also issued a statement noting the United States has added $1 trillion in debt in the past 11 months.

"Our growing national debt matters because it threatens the economic future of every American. As we borrow trillion after trillion, interest costs will weigh on our economy and make it harder to fund important investments for our future," Peterson said.

In its budget and economic outlook for 2019-29, the Congressional Budget Office predicted the federal budget deficit will exceed $1 trillion each year beginning in 2022.

"Over the coming decade, deficits fluctuate between 4.1 percent and 4.7 percent of gross domestic product, well above the average over the past 50 years," the CBO said.
https://www.upi.com/Top_News/US/2019/02/12/National-debt-surpasses-22T-for-first-time-in-US-history/1941550010492