To: Durus
Question: If taxes equal government spending, then:
Your Answer: government debt is zero
Correct Answer: tax per person equals government spending per person on average If taxes = spending, the "deficit" is zero, not necessarily the debt.
42 posted on
06/13/2011 8:15:05 AM PDT by
jda
("Righteousness exalts a nation . . .")
To: jda
Correct Answer: tax per person equals government spending per person on averageI got this one wrong, but also disagree with the "correct" answer because personal income tax is only a portion of govt revenue.
The Real Correct Answer: If taxes equal government spending, then: Conservatives are in charge.
51 posted on
06/13/2011 8:30:04 AM PDT by
antidisestablishment
(Our people perish through lack of wisdom, but they are content in their ignorance.)
To: jda
True, but on the other hand, not only indviduals are taxed.
63 posted on
06/13/2011 8:44:36 AM PDT by
Durus
(You can avoid reality, but you cannot avoid the consequences of avoiding reality. Ayn Rand)
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