US Debt To Income Ratio
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That was the first thing I noticed as well. Approx 1 in 3 people paying taxes - that's fucking crazy.
Are they counting children as citizens? Not that there is 3 to 1 children in this country but it would offset things just a bit.
You are correct - if you adjust by working age population, it drops down to approx 1 in 2 working age people paying tax (58%).
Still a very low % of the work age population paying tax though. To give you a comparison - Australia has about 87% of the working age population paying taxes.
I vote we stop enabling leeches. It'd solve that problem real quick.
The three biggest spending cetegories for the US govt so far in FY21 are Income security, social security & medicare. Combined, they account for nearly half the govt spending.
Want to reduce expenditure - start there.