The national debt has now increased by more than $64,000 per federal taxpayer since Barack Obama was inaugurated president. By the close of business on July 10, 2012, that debt had climbed to $15,885,854,755,351.47-an increase of $5,258,977,706,438.39.
In "Statistics of Income-2009 Individual Income Tax Returns," which was published this year and is the Internal Revenue Service's most recent statistical report on individual income tax data, the IRS reported that there were 81,890,189 tax returns filed in 2009 that reported taxable income.
If each of these 81,890,189 federal taxpayers were given responsibility for paying off an equal share of the new federal debt added since Obama was inaugurated, they would each need to pay about $64,219.88.
So here's picture of what you could've had. But no doubt the $64K the federal government spent on your behalf in 'investment' and 'green shoots' will give you just as much of a warm feeling. Chicks dig actual taxpayers, right?
I didn't really want a 2012 BMW M3 Coupe, but I figure with two tax payers in our family, if we filed separately, we would have $128 K of debt with our names on it, and that's enough to buy a Tesla for $109,000 and have enough left to put a decent down payment on a small Donzi for the slip.
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