U.S. National Debt Interest Consumes 76% of Income Taxes as Costs Explode, Reports Economist Antoni

The increasing burden of interest payments on the U.S. national debt is consuming a significant portion of taxpayers’ money. Recent figures reveal that nearly three-quarters of personal income taxes are being used to pay off this debt interest. An economist warns that the situation is deteriorating and could impact other essential governmental expenditures. Discover how The post U.S. National Debt Interest Consumes 76% of Income Taxes as Costs Explode, Reports Economist Antoni appeared first on COINOTAG NEWS .

Source: CoinOtag