Gonna have to do a lil’ more research on this, BUT…just heard something so boggling that it took a couple hours for me to stop my head from swiveling.
Basically of the Federal Government’s yearly budget, roughly 40% of that is paid for with income tax.
If we were to roll back our Federal spending levels to the year 2006, we could COMPLETELY get rid of personal income tax, and all of the spending requirements would still be met.
Yet…the nation is going broke and the government is STILL thinking about rolling back the bush tax cuts. This just fxxks with my mind something horrible. 200 years ago, we told the Brits to take a powder over a TEA tax and some representation issues. We truly have become a nation of sheep. But wasn’t Lady Gaga’s meat dress wicked cool?