Did you know? The government would have to double income tax rates and not see any tax avoidance or evasion to close the deficit.
- 2011 Deficit: $1,299 billion
- 2011 Income tax revenue: $1,273 billion
Did you know? The government would have to double income tax rates and not see any tax avoidance or evasion to close the deficit.
Yep, and they would be more likely to do that rather than stop spending!
Neither Party has any intentions of paying down our debt.