Derek85 Wrote:
Feb 14, 2013 9:50 PM
Skip the "% of GDP" and use something voters can relate to. According to IRS.gov the Total Amount of Income Tax collected in a year is $865 Billion (2009 last year posted). At $17 Trillion and 5% just the INTEREST on our National Debt will be $850 billion. ALL of our Income Tax will just pay the INTEREST on the National Debt.