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2025-07-26 04:20:16 UTC
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Quentel on Nostr: > CBPP: In fiscal year 2024, the federal government spent $6.9 trillion. Of that $6.9 ...

> CBPP: In fiscal year 2024, the federal government spent $6.9 trillion. Of that $6.9 trillion, almost $4.9 trillion was financed by federal revenues. The remaining $2 trillion was financed by borrowing.

Refusing to pay federal income taxes would likely be seen as a minor inconvenience. They would likely print and borrow even more... then increase taxes at the point of sale.