We commonly hear numbers like “each American’s share of the national debt is $85,300,” but because many people have little or no federal income tax liability, the reality is that tax-paying households have a much higher share of the national debt hanging over their heads. Analysis by IPI Resident Scholar Dr. Merrill Matthews, with witty contributions by IPI President Tom Giovanetti.
June 24, 2021
Your Share of the Federal Debt Is Likely Bigger Than You Think (Audio: Podcast)
2021_06_24 Your Share of the Federal Debt