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Are taxes the ticket

| 1040 U.S. Individual Income Tax Return 2011 For years the U.S. has had an unfortunate habit of spending far more than we can afford, sending us trillions into debt. Some have suggested we should tax our way out of it. On Tax Day 2011, we go beyond the question of whether we should, and ask a more important question: can we? 3 FOR EVERY EXTRA I $I 00 IN TAX REVENUE, SPENDING HAS INCREASED BY $1:17 Since WWII SOURCE: The Wall Street Journal, Higher Taxes Won't Reduce the Deficit 1 4 the EXEMPTIONS some bizarre deductions ARE TAXES THE TICKET? WRITE-OFF DESCRIPTION M "consulting fee" Business owner paid arsonist $10,000 to torch his furniture store Rolex watch Physician deducted his brand new watch as a "time monitoring system" for his office. 2 the BRACKETS amount taxes would have to increase to keep up with spending breast implants Female escort wrote off her surgery as "capital assets" for her business. 5 the BREAKDOWN where your money is spent rate to 88% 88% keep up 63% 5a. FEDE RALR ESERV ENOTE THE UNITIDSTATI SOFAMERICA 5 ¢ 35% 35% current 25% 25% 3.3 NET INTEREST 13C180916C rate THIS NOTE IS LEGAL TENDER FOR ALL DEBTS, PUBLIC AND PRIVA E E 10% CORPORATE HIGHEST MIDDLE LOWEST MEDICARE WASHINGTON,I 56. 5d. -5e. H. 12 12 1.7 1.6 19.1 ¢ SOC. SEC 19.4 ¢ 15.4 ¢ 2.5 SOURCE: Congressional Budget Office DEFENSE L11180916G INCOME SEC, 5f. 5h -5i. 1) 10 CUS 5c. 12 2.4 1.5 18.8 12 awlskedo Cahal 2b HEALTH OVERALL, TAX RATES WOULD HAVE TO MORE THAN DOUBLE yes, double! 5k. OED OLLAR -51. IN FACT, HIGHER TAX REVENUE HAS NEVER RESULTED IN LESS SPENDING. 5a. veterans benefits 5d. allowances 5g. environment 5j. agriculture 5b. transportation 5e. international affairs 5h. science & tech 5k community devel. 5c. employment services 5f. natural resources 51. gen. government 51 energy FOR FULL LIST OF SOURCES: please visit bankruptingamerica.org/budget_breakdown L------------ . | 1040 U.S. Individual Income Tax Return 2011 For years the U.S. has had an unfortunate habit of spending far more than we can afford, sending us trillions into debt. Some have suggested we should tax our way out of it. On Tax Day 2011, we go beyond the question of whether we should, and ask a more important question: can we? 3 FOR EVERY EXTRA I $I 00 IN TAX REVENUE, SPENDING HAS INCREASED BY $1:17 Since WWII SOURCE: The Wall Street Journal, Higher Taxes Won't Reduce the Deficit 1 4 the EXEMPTIONS some bizarre deductions ARE TAXES THE TICKET? WRITE-OFF DESCRIPTION M "consulting fee" Business owner paid arsonist $10,000 to torch his furniture store Rolex watch Physician deducted his brand new watch as a "time monitoring system" for his office. 2 the BRACKETS amount taxes would have to increase to keep up with spending breast implants Female escort wrote off her surgery as "capital assets" for her business. 5 the BREAKDOWN where your money is spent rate to 88% 88% keep up 63% 5a. FEDE RALR ESERV ENOTE THE UNITIDSTATI SOFAMERICA 5 ¢ 35% 35% current 25% 25% 3.3 NET INTEREST 13C180916C rate THIS NOTE IS LEGAL TENDER FOR ALL DEBTS, PUBLIC AND PRIVA E E 10% CORPORATE HIGHEST MIDDLE LOWEST MEDICARE WASHINGTON,I 56. 5d. -5e. H. 12 12 1.7 1.6 19.1 ¢ SOC. SEC 19.4 ¢ 15.4 ¢ 2.5 SOURCE: Congressional Budget Office DEFENSE L11180916G INCOME SEC, 5f. 5h -5i. 1) 10 CUS 5c. 12 2.4 1.5 18.8 12 awlskedo Cahal 2b HEALTH OVERALL, TAX RATES WOULD HAVE TO MORE THAN DOUBLE yes, double! 5k. OED OLLAR -51. IN FACT, HIGHER TAX REVENUE HAS NEVER RESULTED IN LESS SPENDING. 5a. veterans benefits 5d. allowances 5g. environment 5j. agriculture 5b. transportation 5e. international affairs 5h. science & tech 5k community devel. 5c. employment services 5f. natural resources 51. gen. government 51 energy FOR FULL LIST OF SOURCES: please visit bankruptingamerica.org/budget_breakdown L------------ . | 1040 U.S. Individual Income Tax Return 2011 For years the U.S. has had an unfortunate habit of spending far more than we can afford, sending us trillions into debt. Some have suggested we should tax our way out of it. On Tax Day 2011, we go beyond the question of whether we should, and ask a more important question: can we? 3 FOR EVERY EXTRA I $I 00 IN TAX REVENUE, SPENDING HAS INCREASED BY $1:17 Since WWII SOURCE: The Wall Street Journal, Higher Taxes Won't Reduce the Deficit 1 4 the EXEMPTIONS some bizarre deductions ARE TAXES THE TICKET? WRITE-OFF DESCRIPTION M "consulting fee" Business owner paid arsonist $10,000 to torch his furniture store Rolex watch Physician deducted his brand new watch as a "time monitoring system" for his office. 2 the BRACKETS amount taxes would have to increase to keep up with spending breast implants Female escort wrote off her surgery as "capital assets" for her business. 5 the BREAKDOWN where your money is spent rate to 88% 88% keep up 63% 5a. FEDE RALR ESERV ENOTE THE UNITIDSTATI SOFAMERICA 5 ¢ 35% 35% current 25% 25% 3.3 NET INTEREST 13C180916C rate THIS NOTE IS LEGAL TENDER FOR ALL DEBTS, PUBLIC AND PRIVA E E 10% CORPORATE HIGHEST MIDDLE LOWEST MEDICARE WASHINGTON,I 56. 5d. -5e. H. 12 12 1.7 1.6 19.1 ¢ SOC. SEC 19.4 ¢ 15.4 ¢ 2.5 SOURCE: Congressional Budget Office DEFENSE L11180916G INCOME SEC, 5f. 5h -5i. 1) 10 CUS 5c. 12 2.4 1.5 18.8 12 awlskedo Cahal 2b HEALTH OVERALL, TAX RATES WOULD HAVE TO MORE THAN DOUBLE yes, double! 5k. OED OLLAR -51. IN FACT, HIGHER TAX REVENUE HAS NEVER RESULTED IN LESS SPENDING. 5a. veterans benefits 5d. allowances 5g. environment 5j. agriculture 5b. transportation 5e. international affairs 5h. science & tech 5k community devel. 5c. employment services 5f. natural resources 51. gen. government 51 energy FOR FULL LIST OF SOURCES: please visit bankruptingamerica.org/budget_breakdown L------------ . | 1040 U.S. Individual Income Tax Return 2011 For years the U.S. has had an unfortunate habit of spending far more than we can afford, sending us trillions into debt. Some have suggested we should tax our way out of it. On Tax Day 2011, we go beyond the question of whether we should, and ask a more important question: can we? 3 FOR EVERY EXTRA I $I 00 IN TAX REVENUE, SPENDING HAS INCREASED BY $1:17 Since WWII SOURCE: The Wall Street Journal, Higher Taxes Won't Reduce the Deficit 1 4 the EXEMPTIONS some bizarre deductions ARE TAXES THE TICKET? WRITE-OFF DESCRIPTION M "consulting fee" Business owner paid arsonist $10,000 to torch his furniture store Rolex watch Physician deducted his brand new watch as a "time monitoring system" for his office. 2 the BRACKETS amount taxes would have to increase to keep up with spending breast implants Female escort wrote off her surgery as "capital assets" for her business. 5 the BREAKDOWN where your money is spent rate to 88% 88% keep up 63% 5a. FEDE RALR ESERV ENOTE THE UNITIDSTATI SOFAMERICA 5 ¢ 35% 35% current 25% 25% 3.3 NET INTEREST 13C180916C rate THIS NOTE IS LEGAL TENDER FOR ALL DEBTS, PUBLIC AND PRIVA E E 10% CORPORATE HIGHEST MIDDLE LOWEST MEDICARE WASHINGTON,I 56. 5d. -5e. H. 12 12 1.7 1.6 19.1 ¢ SOC. SEC 19.4 ¢ 15.4 ¢ 2.5 SOURCE: Congressional Budget Office DEFENSE L11180916G INCOME SEC, 5f. 5h -5i. 1) 10 CUS 5c. 12 2.4 1.5 18.8 12 awlskedo Cahal 2b HEALTH OVERALL, TAX RATES WOULD HAVE TO MORE THAN DOUBLE yes, double! 5k. OED OLLAR -51. IN FACT, HIGHER TAX REVENUE HAS NEVER RESULTED IN LESS SPENDING. 5a. veterans benefits 5d. allowances 5g. environment 5j. agriculture 5b. transportation 5e. international affairs 5h. science & tech 5k community devel. 5c. employment services 5f. natural resources 51. gen. government 51 energy FOR FULL LIST OF SOURCES: please visit bankruptingamerica.org/budget_breakdown L------------ . | 1040 U.S. Individual Income Tax Return 2011 For years the U.S. has had an unfortunate habit of spending far more than we can afford, sending us trillions into debt. Some have suggested we should tax our way out of it. On Tax Day 2011, we go beyond the question of whether we should, and ask a more important question: can we? 3 FOR EVERY EXTRA I $I 00 IN TAX REVENUE, SPENDING HAS INCREASED BY $1:17 Since WWII SOURCE: The Wall Street Journal, Higher Taxes Won't Reduce the Deficit 1 4 the EXEMPTIONS some bizarre deductions ARE TAXES THE TICKET? WRITE-OFF DESCRIPTION M "consulting fee" Business owner paid arsonist $10,000 to torch his furniture store Rolex watch Physician deducted his brand new watch as a "time monitoring system" for his office. 2 the BRACKETS amount taxes would have to increase to keep up with spending breast implants Female escort wrote off her surgery as "capital assets" for her business. 5 the BREAKDOWN where your money is spent rate to 88% 88% keep up 63% 5a. FEDE RALR ESERV ENOTE THE UNITIDSTATI SOFAMERICA 5 ¢ 35% 35% current 25% 25% 3.3 NET INTEREST 13C180916C rate THIS NOTE IS LEGAL TENDER FOR ALL DEBTS, PUBLIC AND PRIVA E E 10% CORPORATE HIGHEST MIDDLE LOWEST MEDICARE WASHINGTON,I 56. 5d. -5e. H. 12 12 1.7 1.6 19.1 ¢ SOC. SEC 19.4 ¢ 15.4 ¢ 2.5 SOURCE: Congressional Budget Office DEFENSE L11180916G INCOME SEC, 5f. 5h -5i. 1) 10 CUS 5c. 12 2.4 1.5 18.8 12 awlskedo Cahal 2b HEALTH OVERALL, TAX RATES WOULD HAVE TO MORE THAN DOUBLE yes, double! 5k. OED OLLAR -51. IN FACT, HIGHER TAX REVENUE HAS NEVER RESULTED IN LESS SPENDING. 5a. veterans benefits 5d. allowances 5g. environment 5j. agriculture 5b. transportation 5e. international affairs 5h. science & tech 5k community devel. 5c. employment services 5f. natural resources 51. gen. government 51 energy FOR FULL LIST OF SOURCES: please visit bankruptingamerica.org/budget_breakdown L------------ . | 1040 U.S. Individual Income Tax Return 2011 For years the U.S. has had an unfortunate habit of spending far more than we can afford, sending us trillions into debt. Some have suggested we should tax our way out of it. On Tax Day 2011, we go beyond the question of whether we should, and ask a more important question: can we? 3 FOR EVERY EXTRA I $I 00 IN TAX REVENUE, SPENDING HAS INCREASED BY $1:17 Since WWII SOURCE: The Wall Street Journal, Higher Taxes Won't Reduce the Deficit 1 4 the EXEMPTIONS some bizarre deductions ARE TAXES THE TICKET? WRITE-OFF DESCRIPTION M "consulting fee" Business owner paid arsonist $10,000 to torch his furniture store Rolex watch Physician deducted his brand new watch as a "time monitoring system" for his office. 2 the BRACKETS amount taxes would have to increase to keep up with spending breast implants Female escort wrote off her surgery as "capital assets" for her business. 5 the BREAKDOWN where your money is spent rate to 88% 88% keep up 63% 5a. FEDE RALR ESERV ENOTE THE UNITIDSTATI SOFAMERICA 5 ¢ 35% 35% current 25% 25% 3.3 NET INTEREST 13C180916C rate THIS NOTE IS LEGAL TENDER FOR ALL DEBTS, PUBLIC AND PRIVA E E 10% CORPORATE HIGHEST MIDDLE LOWEST MEDICARE WASHINGTON,I 56. 5d. -5e. H. 12 12 1.7 1.6 19.1 ¢ SOC. SEC 19.4 ¢ 15.4 ¢ 2.5 SOURCE: Congressional Budget Office DEFENSE L11180916G INCOME SEC, 5f. 5h -5i. 1) 10 CUS 5c. 12 2.4 1.5 18.8 12 awlskedo Cahal 2b HEALTH OVERALL, TAX RATES WOULD HAVE TO MORE THAN DOUBLE yes, double! 5k. OED OLLAR -51. IN FACT, HIGHER TAX REVENUE HAS NEVER RESULTED IN LESS SPENDING. 5a. veterans benefits 5d. allowances 5g. environment 5j. agriculture 5b. transportation 5e. international affairs 5h. science & tech 5k community devel. 5c. employment services 5f. natural resources 51. gen. government 51 energy FOR FULL LIST OF SOURCES: please visit bankruptingamerica.org/budget_breakdown L------------ .

Are taxes the ticket

shared by PublicNotice on Oct 11
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Would raising taxes really help solve our financial crisis?

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