I was not suggesting that the US should rise taxes: the poster...

I was not suggesting that the US should rise taxes: the poster ‘bobby’ seemed to think that a Goverment had the same ‘restrictions’ as his neighbor. Clearly that is is incorrect. The US...which this thread largely believes is bankrupt is anything but. It is completely solvent as it can meet its obligations when these become due. Additionally, unlike (say) BHP it could, if necessary, raise more capital without asking permission from its ‘;shareholders’. Would you rather own shares in BHP or in the ATO?