Email from the Peterson Foundation--You Owe $484,000
Just this past Thursday, Tim Cox of GOOOH was being interviewed by me on Car Concerns and we were discussing what the true National Debt was and how much individual Americans owed. (The National Debt is now over $11 Trillion on its way to $12 Trillion.) Here's the answer to that question.
I'm copying the email here.
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With tax day just around the corner, here are some daunting figures to consider: take the amount you owe the federal government this year in taxes and add $184,000 — that's your personal share of the U.S. government's $56.4 trillion in debts, other financial obligations, and unfunded promises. Each American household's share is even greater — $483,000.
So have you filed Form 483000 yet?
At a time when Americans are enduring the worst economic crisis since the Great Depression, the Peter G. Peterson Foundation wants to help the public understand the consequences of our growing deficit and debts and learn what needs to be done to reverse them.
That's why we've launched an entertaining new website to engage and educate the public on this issue: http://www.OwenandPayne.com. On the site, Owen and Payne — two hotshot tax preparers — explain to you how even after paying taxes, each American is still burdened with $184,000 in debts.
To learn more about Form 483000, visit Owen and Payne's official website today. Then spread the word to your family and friends, and be sure to follow them on Twitter, become a fan on Facebook, and watch them on YouTube.






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