Review of We’re Not Broke (2012) by Karsten S — 06 Oct 2013
If by watching this documentary, you were expecting some evidence that the United Sates is 'Not Broke', you will be sorely disappointed.
The documentary claims closing tax loopholes can bring in $70 Billion in revenue per year. Nowhere is this paltry increase in revenue compared against the massive structural liabilities that United States faces.
U.S. treasury debt is ~$17,300 Billion.
U.S. unfunded liabilities are ~$125,415 Billion.
Every U.S. person (man, woman, and child) owes about $400,000 each.
The United States has a spending problem - not a revenue problem.
1 star for accurate reporting of corporate tax loopholes. The rest is drivel, untruths, and unsubstantiated claims.
This review of We’re Not Broke (2012) was written by Karsten S on 06 Oct 2013.
We’re Not Broke has generally received positive reviews.
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