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LesboPregnancyScare on scored.co
2 days ago6 points(+0/-0/+6Score on mirror)2 children
money isnt real anymore, its all borrowed. The government just now chooses which programs they want to prioritize funneling the non-existent money into, and threatening SS is the best way to cajole the boomers into towing the line. That is all
The treasury makes it's balance sheet public. It's easy to understand. The debt is mostly in the form of short and medium term notes with relatively meager interest rates but represents real money coming in the front door. You have to buy and hold the bond to get the points. The points are the fiat.
50% of budget comes from income tax in the form of social security.
35% of budget comes from income tax and are used for programs on top of that. most of this is military salaries and benefits. the second largest chunk is "health and human" services departments in various states. new york being the biggest offender despite not having that large of an overall population.
corporations, capital gains and use taxes form the remaining 15%.
these are all intentionally separated things. they make no effort to make this clear.
https://fiscaldata.treasury.gov/datasets/monthly-statement-public-debt/summary-of-treasury-securities-outstanding
Stick to D&D. Statecraft isn't your thing.
35% of budget comes from income tax and are used for programs on top of that. most of this is military salaries and benefits. the second largest chunk is "health and human" services departments in various states. new york being the biggest offender despite not having that large of an overall population.
corporations, capital gains and use taxes form the remaining 15%.
these are all intentionally separated things. they make no effort to make this clear.