The Cost of Government Is Rising Much Faster than Housing and Healthcare
Tags Taxes and Spending
11/09/2019Bradley Thomas
This year, as it has for several consecutive years now, the Tax Foundation reported that “Americans will collectively spend more on taxes in 2019 than they will on food, clothing, and housing combined.â€
That the combined federal, state and local tax bill for the American populace is larger than the amount we spend on essential costs of living like food, clothing and housing certainly is an attention-grabbing snapshot of the federal government leviathan.
But what about the trendline? In other words, is the cost of funding government growing at a faster clip than other costs of living?
https://mises.org/wire/cost-government-rising-much-faster-housing-and-healthcare