The Government will feel the need to raise your taxes and increase their enforcement and collection activities against you.
A friend of mine posted this on his facebook page yesterday. I actually have seen this type of thing done before and this particular graphic is pretty good. It is a bit old as the National Debt is now $1.0 trillion dollars more than the graphic. But this shows you the financial condition of the Federal Government after removing 8 zeros . It puts the numbers in terms of an average American. When you do that you get the following Financial Summary.
Annual family income $ 21,700
Money the family spent $ 38,200
New debt on the credit card $ 16,500
Outstanding balance on credit card $142,710
Budget cuts politicians brag about $ 385
Conclusion
This is nearly a certainty – the Federal Government will want, or feel the need, to raise your taxes and increase their enforcement and collection activities against you. Don’t try to deal with them yourself. This is the largest and most brutal collection agency in the world. Protect yourself from this certainty. Call us today for professional assistance with your tax return. 