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    S&P downgraded the USA's credit rating from AAA to AA+. From a taxpayer's standpoint what is the significance of this?

    0  Views: 382 Answers: 1 Posted: 10 years ago

    1 Answer

    Your country ends up owing more money,,a AAA rating does not pay as much interest as a AA+,,so for the country to get more money to pay the debt,, they increase taxes,,or cut finances for other projects,,,,>>>>>>>><<<<<<<<..



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