Extra Taxes From Each Taxpayer to Erase the Deficit

Vernonique over at Mercatus created this depressing graph. “This year alone, taxes would have to increase by an average of $10,000 per taxpayer in order to pay for all of the federal government’s spending” But the Administration just wants to keep digging the hole deeper!

Chart of taxes required to erase deficit

Adrian Moore

Adrian Moore, Ph.D., is vice president of policy at Reason Foundation.