| http://www.w3.org/ns/prov#value | - tax revenues have always averaged 18% of GDP. that was true when tax rates were 90% on the rich and 22% on the poor vs. 35% on the rich and 10% on the poor today. this has been true since 1913 when the modern income tax was invented. non-discretionary social program spending will be 20% of GDP by 2020. once this happens all spending on other than our welfare programs will be 100% financed by debt.
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