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I am wondering if President Trump, or the next POTUS, will most likely have to push for a huge tax increase on all Americans and/or American businesses in order to pay off the trillions of dollars that was spent on economic stimulus packages to fight the economic damage caused by the Coronavirus outbreak.

I don't see any other way for our nation to pay this off unless our nation appends this new debt onto the current National Debt total and we let future generations worry about how to pay it off.

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    Questions asking us to predict the future are off-topic here. While there have been reports that long term bonds (25 and 50 years) could be used to fund this now (MarketWatch, citing Bloomberg), we cannot speculate how that will be paid off at the end of this period. – Joe C Mar 22 at 13:33
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    America's sovereign debt is, as far as I'm aware, already way past the point at which it could ever feasibly be paid off. A couple more trillion dollars isn't going to make the slightest bit of difference at this point. – F1Krazy Mar 22 at 13:48
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    @JoeC, I understand what you are saying, but I don't see a problem with speculating on how such a huge debt will most likely be paid off. This is like saying that stock traders should not speculate on how well a particular stock will do in the future because stock traders cannot predict the future. – user255577 Mar 22 at 13:58
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    The money you are referring to add up to everything else. The debt was already more than 100% of the GDP before those packages. If the taxes have to be raised it would mean that the government could no longer borrow, but can you really say that the culprit would be that spending? – FluidCode Mar 22 at 15:01
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    @dan-klasson - It doesn't appear to be a flaw in the Scandanavian (and other) democracies where people are willing to pay higher taxes in return for better social benefits – Dave Gremlin Mar 22 at 17:38

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