Interest payments on all the debt the Biden admin is using to inflate GDP. 50% of your income taxes pay for nothing but interest. September 27, 2024 2:12 pm by CWR Sharing is Caring! See also Over 25% of U.S. renters spend half their income on housing; savings rate dips to 2.9%.h/t fiveguysoneprius See also Will Lower Interest Rates Make You Wealthier? Views: 28