Note: Your Nation Is Broke

Broke. Out of money.

You have no money. You have no more money. Your money is all gone. You do not earn enough to pay your bills. You cannot meet your financial obligations. You have no money to spend.

If America taxed everyone who makes over $100,000 at the rate of 100% — that is, if America took all of these people’s money — America still would not have enough money to balance the annual federal budget. It could not pay off its current significant debt.

Leave a Reply

Your email address will not be published. Required fields are marked *