[nidokidos] "US Fiscal Cliff"

 

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Fiscal Cliff put in a much better perspective. Lesson # 1: * U.S. Tax revenue: $2,170,000,000,000 * Fed budget: $3,820,000,000,000 * New debt: $ 1,650,000,000,000 * National debt: $14,271,000,000,000 * Recent budget cuts: $ 38,500,000,000 Let's now remove 8 zeros and pretend it's a household budget: * Annual family income: $21,700 * Money the family spent: $38,200 * New debt on the credit card: $16,500 * Outstanding balance on the credit card: $142,710 * Total budget cuts so far: $38.50

What Is a Fair Tax Code in the United States?: The Fiscal Cliff Explained
Taxes are still a hot topic after the presidential election. But as a country that spends more than it collects in taxes,

are we asking the right taxpayers to pay the right amounts?
watch peoples views about it

 

http://www.nidokidos.org/threads/178239-What-Is-a-Fair-Tax-Code-in-the-United-States-The-Fiscal-Cliff-Explained

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