Wednesday, December 19, 2012
"How Much Taxation Would Fund Current Spending?"
It's likely there just isn't enough income in all of America to counterbalance the government's spending.
If that doesn't clearly identify the problem as too much spending, then nothing will...
If that doesn't clearly identify the problem as too much spending, then nothing will...
At AmericanThinker.com, Justin Hohn shares the results of some math he's done:
"Confiscating 100% of all income from those who made over $1M funds the federal government for 72 days."
"Confiscating 100% of the income from those who made more than $200K funds the federal government for only about six months."
