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In Reply to: Really? If you sign a mortgage today at 1% do you think that interest rate goes up? posted by Rick W on October 5, 2021 at 12:32:03:
Actually, it was about $3.5 Trillion until the Dems passed another $1.9 trillion COVID giveaway and are planning on another $5-7 trillion in 'infrastructure'.And don't talk to me about the tax cuts. Here is the data on receipts from taxes and other sources:
FY 2021 $3.86 (estimated)
FY 2020 $3.71 trillion (estimated)
FY 2019 $3.46 trillion (actual)
FY 2018 $3.33 trillion
FY 2017 $3.32 trillion
FY 2016 $3.27 trillion
FY 2015 $3.25 trillion
FY 2014 $3.02 trillion
FY 2013 $2.77 trillion
FY 2012 $2.45 trillion
FY 2011 $2.30 trillion
FY 2010 $2.16 trillion
FY 2009 $2.10 trillion
FY 2008 $2.52 trillion
FY 2007 $2.57 trillionThe problem is a spending problem. If the 'social infrastructure; was taxed in a fair way, then the SS and/or Medicare taxes should be raised to pay for it.
-Rod
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Follow Ups
- RE: Really? If you sign a mortgage today at 1% do you think that interest rate goes up? - Rod M 10/5/2114:16:26 10/5/21 (11)
- Please show where you got that 3.5 trillion figure for amount Trump increased the debt. - Rick W 07:57:27 10/6/21 (0)
- Folks who don't understand - E-Stat 15:10:10 10/5/21 (8)
- Typical right wing bs. - Rick W 08:16:03 10/7/21 (5)
- Did you really need - E-Stat 08:27:11 10/7/21 (4)
- Wassmadda, don't enjoy being hoisted with your own petard? nt - Rick W 09:14:04 10/7/21 (3)
- The data speaks for itself - E-Stat 09:29:39 10/7/21 (2)
- Cheer up, maybe Tim or TWB will fall for that :-) nt - Rick W 10:00:10 10/7/21 (1)
- Anyone - E-Stat 14:06:55 10/7/21 (0)
- RE: Why low taxes on the rich are a disaster - tweaker456 22:51:59 10/5/21 (1)
- What I worship is... - E-Stat 05:58:20 10/6/21 (0)
- RE: Really? If you sign a mortgage today at 1% do you think that interest rate goes up? - tweaker456 14:34:51 10/5/21 (0)