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To: Rusty0604

Let’s see:

$17,258,471,483,278.83 in debt X 10% interest rate = $1,725,471,483,278 in interest per year

Total actual revenue from all US income taxes collected in 2013 fiscal year was $1,589,900,000,000. ($1,316.4 B Individual Taxes and $273.5 B Corporate Taxes)

Any one see a problem in the future? Remember what rates Carter left us with!


28 posted on 02/03/2014 9:06:15 AM PST by tired&retired
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To: tired&retired

I found a really good analysis at this site: http://www.usgovernmentrevenue.com/federal_budget_actual


30 posted on 02/03/2014 9:12:00 AM PST by tired&retired
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