Our total liabilities to date are 102 trillion dollars. This includes all future commitments! We have a 1.3 trillion dollar deficit, and there seems to be no political will to stop spending and printing.
When you include all payroll taxes, income taxes, sales taxes, property taxes and fees or taxes on everything else, Americans net tax payments is about 50% of their pay. The jobs went to China, and they are not coming back. When will the BIG GOVERNMENT bubble burst?
When you include all payroll taxes, income taxes, sales taxes, property taxes and fees or taxes on everything else, Americans net tax payments is about 50% of their pay. The jobs went to China, and they are not coming back. When will the BIG GOVERNMENT bubble burst?