Bottom sixty percent of Americans have no federal tax liability because they don't make enough, top 40% doesn't want to pay more taxes, the US carries $40T in treasury debt, and a few trillion more in non bond market liabilities.
Special Report: Rising Bond Rates and their Risks - https://blog.sentinel-team.org/p/special-report-rising-bond-... - October 29th, 2026
https://news.ycombinator.com/item?id=49713865 (citations)