Thursday, July 12, 2012

The $64,000 answer

The question, of course, is how much debt Obama has added to every single taxpayer in America since he took office.  You do the math.  On January 20, 2009 the United States owed $10.6 Trillion.  Today, the United States owes $15.8 Trillion.  Approximately 82 million individual tax returns were filed last year in which people declared some income.  Therefore, if each of those taxpayers were asked to pay an equal share in just the increase in US debt under Obama, he or she would pay $64,000 per taxpayer.  But don't worry, once Obamacare and all those green jobs kick in, I am sure it will go down.

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