Who Benefits from the GOP Cut Taxes and Borrow Strategy?

The Bush tax cuts, primarily for the super rich, contributed to our budget deficits that required us to borrow in order to fund government. This strategy was used in the Reagan administration as well. Their tax cuts were not paid for by cutting government spending. We ran large budget deficits that were financed by debt. Much of the debt was financed by American's who own 40% of the debt. The super rich were able to earn interest on the treasuries instead of paying taxes to fund government. This is not understood by most Americans. The super rich would much rather finance the government and earn interest than by paying taxes. The GOP has been more than willing to oblige them.