re: #238 ggt

Ok, so the math is right. Now factor in revenue from Corporations, tariff’s fees, fines etc and the actual number of people paying taxes (households).

Even if 1/3 of the population pays taxes and we don’t factor in non-individual income tax revenues, social security, medicare collections, that would be $33,205.12 per person.
right?

Not unreasonable for some people, Very unreasonable for many.

My point is that I don’t understand why there is a deficit. The IRS should be able to collect the equivalent of 11K per person with all the different income sources.

There are so many ways of looking at this.

Our current revenue is about 60-70% of our current spending, that’s where the deficit comes from. If we return to the Clinton tax rates and wind down the wars, that cuts the deficit by 3/4. The economy picking itself back up will take care of the rest.