The denominator should be tax receipts, not federal spending. Foreign countries and our Federal Reserve actually made large contributions this past year (both d

The denominator should be tax receipts, not federal spending. Foreign countries and our Federal Reserve actually made large contributions this past year (both do every year we have a budget deficit and every year the money supply increases- this is most every year for the past few decades). This is not to suggest that Americans won't eventually pay for all of this year's expenditures, we eventually will. In the case of the Fed, consider the new money printing and subsequent spending by the Fed to be a tax on everyone that holds dollars at the time of the printing/spending.