Actually, i didn’t miss your point at all. I supported it.
You used only our income and not our borrowing. So did I.
You subtracted for SS & Med. So did I.
You saw the current rate at 5%. So did i.
How does this not support your post? You’re talking to a friend here.
I just imagined what it would be like if we tried to get our act together given the current numbers.
Your 433K or $4.33 Trillion total revenue included SS & Medicare of 37% of the total $4.33 trillion.
Thus you need to subtract the SS & Medicare from your figures.
Sorry for the hardh response.
My apologies.
🙏🙏🙏
Ronald Reagan and Tip O’Neal made a deal to combine the Budget to include the Social Security Taxes to distort Revenue and hide the interest as “Net Interest.”
The game has been played ever since.