Oddbean new post about login | logout Does anyone know what tax revenues were in the US last year or 2022? Google says 4.9 trillion but that can’t be right. I just want to know how much taxpayers paid.
Why can't 4.9 trillion be right?
I can’t believe that the American economy makes that much. If it does, then wouldn’t paying the debt back be doable 🤷♂️
They have proven themselves incapable of cutting spending. They have spent more than they took in every year for a long time, except for a short blip in the 90s. It's a leadership problem.
Well that’s even more depressing
If only there were some sort of asset with a limited supply that we could hold to weather the storm
2.8 trillion is the total tax receipts. Due to inflation tax revenues are gonna rise. https://image.nostr.build/b9a451bcc7b9b4685d8d631c8110781d3a3fef28c726601457652735a16e14b5.jpg
