Generally speaking, you do not need to keep the following in a safe deposit box: income tax returns, education records, employment records, bankbooks, social security cards, guarantees, and burial instructions. Keeping Tax Records. But you don't have to keep everything for tax purposes.
Definition of Deficit and Debt. 1  Deficit relies to the annual borrowing requirement of the government. 2  Debt related to the total level of public sector debt built over previous years. 3  In 2010/11 UK public sector deficit is forecast to be around Â£149bn of or 12% of GDP.
What a joke. The reality is that U.S. government is increasing by over 2 million dollars every single minute. So the entire âsavingsâ from this âbudget dealâ will account for approximately 3 hours of government spending. Look, the U.S. government ran a budget deficit of $188 billion dollars for the month of March alone.