Federal Debt and Tax Brackets

Published on: 2011-09-24 01:42:22

The below graph speaks for itself. As taxes decrease, federal debt increases. Some of the most stable times in our economy were when taxes were higher. What this chart misses is consumer debt which has also risen. So with taxes so low, both federal debt and consumer debt are at dangerously record levels.

Federal Debt and Tax Brackets 

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