Half of every tax dollar is now going to the national debt
Average Intelligence ProductionsAugust 29, 202400:00:47

Half of every tax dollar is now going to the national debt

Full Podcast: https://www.youtube.com/live/i-aI2cf8FyY

During the presidential debate hosted (or hijacked depending on who you asked) by RFK Jr where he did a livestream alongside the official debate between Donald Trump and Joe Biden, RFK points out the emergency situation with the national debt. After calling out both Trump and Biden for drastically raising the national debt, Robert F. Kennedy Jr tells everyone that 50% of every tax dollar collected is going towards the national debt, and in about 10 years time it will be 100% of every tax dollar currently collected. This means that simply for the government to function there would have to be tax increases if spending keeps going the way it's going.

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