US Tax Revenue Swallowed by Debt Interest
"Of the $120 billion collected from individual income taxes last month, a whopping $76 billion was earmarked solely for interest on the debt, a payment that does not even begin to reduce the principal amount."
Do you think your tax dollars are being allocated efficiently, anon?
https://www.tftc.io/us-debt-interest-eclipses-tax-revenue/
No, and they’re going to drastically raise taxes in an attempt to fix it without spending less.
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