Hillary Clinton was in the Senate between Jan 2000 until Jan 2009… when she resigned in the middle of her second term to become Sec of State.
During that time frame… our country’s national debt increased abt 5 TRILLION DOLLARS… about 1.7 billion/day
During the 8 yrs of the Obama administration… our national debt increased ANOTHER 10 TRILLION DOLLARS .. about 3.5 billon/day.
While in the world of “government” there is no such things as a “profit/loss”… just “surplus/deficit”
She can’t understand how someone could lose close to ONE BILLION in a SINGLE YEAR.. when she has been part of the system that has spent billions more PER DAY than they take in.
I would be hard pressed to find anyone that would not believe that AMAZON is not a successful business… yet AMAZON has NOT SHOWN A PROFIT FOR NEARLY 20 YEARS http://www.ibtimes.com/amazon-nearly-20-years-business-it-still-doesnt-make-money-investors-dont-seem-care-1513368
We find that for those filing their personal income taxes on 15 April 2014, they must comply with the terms of a tax code that takes 73,954 pages to explain. To tax professionals.
Congress has established nearly 74,000 pages in our tax code and some would claim that following the tax code and a person paying what is legally required by that tax code – even if it happens to be ZERO – is not paying their FAIR SHARE.
It has been reported that 47% of US families PAY NO FEDERAL TAXES… some families get a FEDERAL TAX REFUND when they don’t pay federal taxes in the first place. Because they follow the tax law… are they not paying their FAIR SHARE ?
The math that comes to the conclusion as to what each and everyone one of us is our “fair share” of federal taxes we owe… seems to be very FUZZY MATH.. and to some… that formula is not contained within the 74,000 pages of our tax code. Maybe we need to treat the Federal government like a CHARITY… and they need to start “passing the hat” to help pay our bills… unfortunately… Congress would probably spend 10%-20% more than was collected.
Filed under: General Problems
If more people understood the tax code more people would realize that it is illegal and that the government is stealing from us and still can’t balance the budget!
In just about every election cycle,the politicians say we need to simplify the tax system.yet,it continues on year after year.Some politicians,on both sides of the political spectrum,have proposed good workable methods for doing so,yet it continues on year after year.If we were as smart as we think we are,life would be so less stressful.