And when it's at a 30 year high, even! How altruistic of them to invite us to partake in this great investment opportunity and sure fire road to wealth and riches!
Poppycock. We've got 20 more years, at least.
(Note: graphic is pre-Obamacare, and does not account for its additional costs.)
And after that, they can just raise average tax rates to.... 80% or so to pay for everything. A simple solution, bound to be devoid of any complications, whatsoever.
Right. Clearly, an average tax rate of 40% is not nearly enough. If only there was a way, a philosophy, if you will, whereby the government owned everything, so it could distribute everything fairly and help everyone in need. Surely that system would create a utopia on Earth.
Because that worked out so well for Nicaragua, right?