FISCAL FACTS

This information below is what I would call, the five basic facts of our Federal Tax situation as it is today. You draw your own conclusion(s) as to how this data will affect our country in the next twenty years or more importantly, each of us. Below are these simple facts:
FACT ONE: THE U.S. POPULATION IS APPROXIMATELY 310,000,000
FACT TWO: THERE ARE 78,000,000 WAGE EARNERS IN THE UNITED STATES
FACT THREE: 39,000,000 PAY ALL OF OUR FEDERAL INCOME TAXES
FACT FOUR: 50% OF ALL WAGE EARNERS PAY NO FEDERAL INCOME TAXES
FACT: 100,000,000 PEOPLE RECEIVE SOME FORM OF FEDERAL WELFARE BENEFIT (excl. Medicare and Medicaid recipients)
REVIEW OF THE ABOVE:
POPULATON – 310,000,000
WAGE EARNERS – 78,000,000
FED. TAX PAYERS – 39,000,000
FED. WELFARE REC’S – 100,000,000

THE ABOVE ARE THE FACTS. HOW IS THE ABOVE SUSTANABLE FOR THE NEXT TWENTY YEARS? THERE NEEDS TO BE A CONCENSUS AMONG ALL AMERICANS AND POLITICIANS FOR A TWENTY YEAR PLAN TO KEEP OUR COUNTRY’S FINANCIAL STATUS STRONG WHILE SUPPORTING OUR FELLOW CITIZENS WHO NEED OUR HELP. WE NEED TO COME TOGETHER FOLKS OR WE WILL FALL APART.

About Dave

Writer of novels, poetry, short stories, essays and plays
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One Response to FISCAL FACTS

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