Tuesday, March 19, 2013

Debt in America: The Details

4 comments:

  1. You confuse the Federal Debt with the Federal Deficit.
    Also. The Federal debt is owed by the Federal Government not the American people.

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    Replies
    1. thats what you think, what do you think property taxes and the federal income tax is?!

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    2. then please explain to me whats property taxes and income tax?

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  2. Owed by the federal government means owed by the American people, since federal debt means future taxes paid by the American people.

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