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New Debt per Taxpayer 2008-2012

July 12, 2012

The answer is $64,000 in those 4 years, $16,000 added per year to your already overburdened debt.

There are 81,890,189 Federal taxpayers per the IRS

Debt has increased from $10,626,877,048,913.08 when Obama took office January 20, 2009 to $15,885,854,755,351.47 on July 10, 2012 – not even 4 years yet. This is per the U.S. Treasury.

That’s $5,258,977,706,438.39 NEW debt.

Do the math above, it works out to $64,219.88 NEW debt per taxpayer.

The equivalent would be like you adding up all ther money you owed January 20, 2009, divide it by 2, then add that much more to what you owed. An exampleLike you owed $50,000 divide by 2 gives $25,ooo then add $50,000 + $25,000 which is now $75,000.

 

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