Top Tax Scams For 2007 Internet Site Irs: Difference between revisions
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Revision as of 08:33, 16 October 2024
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I hardly have to tell you that states and the federal government are having budget crises. I am not advocating a political view around the left or right. The important points are there for everyone to determine. The Great Recession has spurred the government to spend to look to get away from it rightly or wrongly. The annual deficit for 2009 was 1.5 trillion dollars and also the national debts are now merely about $13 trillion. With 60 trillion dollars in unfunded liabilities coming due as next thirty years, the government needs some money. If anything, the states are in worse sculpt. It is not a pretty picture.
Other program outlays have decreased from 64.5 billion in 2001 to 8.3 billion in 2010. Obviously, this outlay provides no transfer pricing opportunity for saving on the budget.
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