3 ms·
I quite agree with the comments about not spending so much on the military, but as a fraction of GDP, federal taxes have been pretty stable over the last 60 yea
by Eridrus 9y ago
I quite agree with the comments about not spending so much on the military, but as a fraction of GDP, federal taxes have been pretty stable over the last 60 years https://fivethirtyeight.com/features/u-s-tax-rates-the-big-picture/ https://fivethirtyeight.com/features/u-s-tax-rates-the-big-p... with increases and decreases in a constrained range.
This whole it or the defecit thing seems like a common talking point for progressives now that Republicans have shown their true colors, but if your goal is to actually govern a country, it does matter.
At the very least you should be able to see how increasing our debt increases the payments we need to make to service that debt. 7.4% of our latest budget was just paying for the debt we've already racked up. That's tens of billions of dollars that could have been spent on something worthwhile, but instead we're just paying for the past.