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Debt Bomb
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DescriptionDebt Bomb is your guide to the United States' fiscal troubles.The national debt and ongoing federal deficits are significant problems, but what could they mean for the American people? There have been calls to increase taxes on the wealthy in order to reduce some of these deficits, but these would not be enough to put America on a sustainable course. Nassau Research designed Debt Bomb to help you understand how the United States fiscal problems could harm younger generations. Debt Bomb allows you to build a profile of a household and then projects how much more in taxes an average household with this profile would have to pay if Congress were to implement broad-based tax increases and forgo spending cuts in order to control rising deficits. These tax increases would involve raising rates for each tax bracket proportionally, except those for the Alternative Minimum Tax. Drawing on its economic expertise, Nassau Research created an extensive model of the tax code and household income profiles using large public data sources in order to produce these projections. Debt Bomb offers you the chance to learn more about the origins of these debt problems and the way forward. You can also contact your elected representatives using the apps directory. Customer ReviewsWhat a great app! (5 stars)This app really helps you to understand how policy changes directly affect YOUR life. It can be pretty hard from the news etc to figure out what all of this political nonsense actually means in real terms in a persons life. As I see it, this app converts media and political spin into meaningful, useful information. If you care about politics, or how the government affects your livelihood, I thinks that this app is worth the 99 cen Great learning tool (5 stars) What a great idea. I can't believe the amount of taxes I would have to pay to balance the budget. I hope the government figures something out fast. I know, wishful thinking! This App should be required for every member of Congress and everyone working in the White House. Great simple app. Really awesome app! (5 stars) Enables you to quickly see how government over-spending is really going to cost our children.
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