Interest on US Debt now 40% of Income Tax
“Interest on the federal debt is now so immense that it’s consuming 40% of all personal income taxes… If federal finances continue on their current path, we are only a few years from the entirety of income taxes being needed to finance the debt…”
(Link in reply) pic.twitter.com/Jb8p9QFpBC— E.J. Antoni, Ph.D. (@RealEJAntoni) November 21, 2023