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UncleMeat 2 days ago

In order to pay an effective federal tax rate of 33% you'd need to be making like seven figures and do nothing to reduce your taxable income.

pclowes 2 days ago | parent [-]

That’s not the point the point is to illustrate that right now for every tax payer 20% of every dollar collected is spent on interest. Not even on the principal just on the interest expense.