Saturday, April 18, 2009

Why Your Taxes May Double


Why Your Taxes May Double
"To help put things in perspective, the Peterson Foundation calculated the federal government accumulated $56.4 trillion in total liabilities and unfunded promises for Medicare and Social Security as of September 30, 2008. ... If $56.4 trillion in financial commitments is too big a number to digest, think of it as $483,000 per American household, or $184,000 for every man, woman and child in the country. ...
........
Unless we begin to get our fiscal house in order, there's simply no other way to handle our ever-mounting debt burdens except by doubling taxes over time."

And the liberal media has this same information but has chosen to keep it from us.

Despicable!

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