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Is this true
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Reality speaks
Posted 7/23/2024 14:21 (#10822989 - in reply to #10822919)
Subject: RE: Is this true


n. Illinois
it's misleading because it only considers the Individual Federal Income tax. It ignores Social Security and Medicare taxes, It ignores the Corporate income tax it ignores excise and estate taxes collect

The Federal government collected 4.5 Trillion from all sources for FY 2023
The Federal Government Spent 6.2 Trillion in FY 2023

This is unsustainable and everyone with two brain cells knows this but yet we do nothing about it.
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