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A comment on US federal budget deficit jumps 12% in one year to nearly $2 Trillion. Parent comment

Re:US federal budget deficit jumps 12% in one year to nearly... by missedthecue on Saturday October 17, 2026 @02:01PM (#50133399)
Entitlements and interest expense are more than 100% of revenue in 2026. That's the before the military, foreign aid, the courts, NASA, and anything beginning with "Department of". The deficit is structural, and while "tax the rich" is easy politics, I don't think you'll find $2T there.

In my opinion the following graph should be mandatory viewing before any discussion on major tax policy changes in the US.

https://i.imgur.com/5VKtAIo.jpeg

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Re:US federal budget deficit jumps 12% in one year to nearly... by bryanlarsen on Saturday October 17, 2026 @06:03PM (#50135588)
That graph indicates there is a lot of room on the red green and blue segments. And the yellow has 0% from wealth taxes in the US, so it also has room.
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