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As I always say, “If you think the government can solve your problem, you’ve never interacted with the government.”
I remember reading someone saying that the richer people in America actually have terrible credit because they have so much debt. So this isn’t even going to tax the richest in America, this is going after middle class people who can only afford one or two loans at a time and have great credit because they live within their means.
Shanty scum.