John Kerry: “80 percent of all of the money the Federal Government raises in taxes…”

On the recordSeptember 12, 2011

80 percent of all of the money the Federal Government raises in taxes, 80 percent of it goes out right back into tax expenditures.

Said by

Democratic · Massachusetts

Source

Kerry highlights the significant portion of tax revenue that is allocated to tax expenditures.

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John Kerry: “80 percent of all of the money the Federal Government raises in taxes, 80 percent of it goes out right back into tax…”