Quote:
Federal tax revenue by year
During fiscal year 2016, the Federal government received approximately $3.3 trillion in tax and fee revenue and had outlays (spending) of $3.9 trillion; the difference was a $587 billion deficit.
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Clearly you don't pay enough taxes. 20% would be a nice round figure to raise taxes by to keep it at the level of debt you have now. It's being going on for decades.
A Simple but Remarkable House from FABRE/deMARIEN
It has little to do with any President, it's down to your willingness to live beyond your means. Import cheap labour and put Americans out of a job, import cheap goods and put Americans out of a job, fight wars from NK to today that are huge money pits that you will lose although you kid yourself you won them.
AmCham Vietnam | Vietnam leads U.S. textile and apparel imports growth in September
AmCham Vietnam | Vietnam – U.S. Trade Status and Outlook, Oct 2014
https://www.cnsnews.com/news/article...er-31109100000
Anything earned by
financial services goes mainly to the top 5%.
So when you want a culprit, look in the mirror.