Taxes Vs Debt: Where Does US Funding Come From – Chart Of The Day
Monday, August 20, 2012 11:52
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from Zero Hedge
A key sticking point in the ongoing presidential debate is what happens to US tax rates, either for just those making over an arbitrary $250,000/year, aka “the rich”, or for everyone. To put this debate into perspective, here is a chart that shows how over the past 20 years the US funding needs (demonstrated previously here), have been met in terms of the only two components of US funding – tax revenue and debt issuance.
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2012-08-20 11:44:40
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