| ▲ | 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. | ||