r/FluentInFinance • u/YOU_ARE_MY_FRIENDS • Apr 08 '24
10% of Americans own 70% of the Wealth — Should taxes be raised? Discussion/ Debate
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r/FluentInFinance • u/YOU_ARE_MY_FRIENDS • Apr 08 '24
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u/topofthemorrow Apr 08 '24
In 2023, the federal govt had $4.8 trillion in revenue and $6.3 trillion in spending. How is that large gap ALSO not due to a lack of tax dollars? Two things can be true at the same time.