The problem isn’t the government.

US taxpayers are by far the government’s biggest client base (if you will). Income tax (paid by workers) and corporate tax (paid by companies) account for more than 95% of US tax revenue. Excise tax (on gasoline, alcohol, and cigarettes) along with estate and gift tax make up most of the rest. Last year the government generated $3.464 trillion, making the Central Government’s 2019 “profit and loss sheet” look something like:
Where Does the US Spend Its Tax Money And Why Does It Have So Much Debt?
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Kyle Kesses
Brandi NoBarExam West
·Follow
1 min read·
May 16, 2020
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The problem isn’t the government. The problem is the people. Too many people desire federal reserve notes (money).
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Written by Brandi NoBarExam West243 Followers
·282 Following
Life is an imposition.
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