The federal government now spends twice what it takes in tax revenue. While debt service alone eats nearly 2/3 of individual income tax. (Peter St Onge, Ph.D. Video)

The federal government now spends twice what it takes in tax revenue. While debt service alone eats nearly 2/3 of individual income tax.

So when you write that check to the IRS next month, rest easy knowing most of it is going to Wall Street and China.

The federal spending borg… pic.twitter.com/auViiJBI3r

— Peter St Onge, Ph.D. (@profstonge) March 25, 2024

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