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posted 3 years ago by clint1877 3 years ago by clint1877 +119 / -4

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– KennyLiquorbush 1 point 3 years ago +1 / -0

Our taxes don't even cover the interest on the debt on anymore. The only reason they are necessary is to promote dependency via impoverishment.

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– gimmedatstimmy -1 points 3 years ago +1 / -2

Federal tax revenue is ~$3.5 trillion per year. Interest payments are ~$360 billion. Just over 10%. Interest rates are lower than GDP growth; It's stupid not to borrow.

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