Paying Taxes Can Tax The Best Of Us: Difference between revisions
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Latest revision as of 00:07, 22 September 2024
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I hardly have to tell you that states and also the federal government are having budget complications. I am not advocating a political view at the left otherwise the right. The details are there for everyone to go to. The Great Recession has spurred federal government to spend to try to get away from it rightly or mistakenly. The annual deficit for 2009 was 1.5 trillion dollars and also the national debt is now merely about $13 billion. With 60 trillion dollars in unfunded liabilities coming due as next thirty years, federal government needs dollars. If anything, the states are in worse shape. It is not very picture.
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