Nearly 15% Of Your Taxes Goes To Pay Interest On National Debt

To investors,

I came across an insane statistic this weekend that really worried me — nearly 15% of your taxes is used for interest payments on the federal debt each year.

As I dug into the issue, my shock turned to horror as I began to understand how quickly the situation has been worsening in recent months.

Let’s use Q4 2022 as an example — the US gove…