A Past Of Taxes - Part 1: Difference between revisions

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Revision as of 01:30, 6 March 2025

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I hardly have to inform you that states as well as the federal government are having budget downfalls. I am not advocating a political view at the left or the right. The facts are there for everyone to determine. The Great Recession has spurred federal government to spend to eating out everyday get out of it rightly or wrongly. The annual deficit for 2009 was 1.5 trillion dollars along with the national debts are now only about $13 mil. With 60 trillion dollars in unfunded liabilities coming due associated with next thirty years, federal government needs funds. If anything, the states are in worse formation. It is not rather picture.

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