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<blockquote data-quote="dru" data-source="post: 1935091" data-attributes="member: 3047">Oh I see what you&#039;re saying.&nbsp; But it ought not be included because the current debt is &quot;historical&quot; in nature.&nbsp; Now if we were looking at current deficits and current spending, or future spending/deficits then yeah it would be good to remove corporate income taxes from the pot to see just what the effect would be to individual income taxes.&nbsp; But yeah.&nbsp; Its depressing and should also be infuriating a helluva lot of people.&nbsp; Its still amazing how many people don&#039;t realize the gravity of our current fiscal situation.Want to see something that will turn your S.h.i.t white?&nbsp; look up the present value of our future UNFUNDED liabilities.&nbsp; In plain english that means the value of today&#039;s dollars for the expected future spending for which we do not have an expected tax revenue to pay.&nbsp; Yeah, this $16 trillion begins to look like mere peanuts compared to that.&nbsp; Here&#039;s a hint:&nbsp; it is nearly all medicare, social security, and medicaid</blockquote>

[QUOTE="dru, post: 1935091, member: 3047"] Oh I see what you're saying. But it ought not be included because the current debt is "historical" in nature. Now if we were looking at current deficits and current spending, or future spending/deficits then yeah it would be good to remove corporate income taxes from the pot to see just what the effect would be to individual income taxes. But yeah. Its depressing and should also be infuriating a helluva lot of people. Its still amazing how many people don't realize the gravity of our current fiscal situation. Want to see something that will turn your S.h.i.t white? look up the present value of our future UNFUNDED liabilities. In plain english that means the value of today's dollars for the expected future spending for which we do not have an expected tax revenue to pay. Yeah, this $16 trillion begins to look like mere peanuts compared to that. Here's a hint: it is nearly all medicare, social security, and medicaid [/QUOTE]

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