Funding the Military: Difference between revisions
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*$581 billion USA military budget in 2014 - https://en.wikipedia.org/wiki/Military_budget | |||
*53% of Americacn tax money funds the military - about $1.3Trillion - [https://www.commondreams.org/views/2010/04/13/your-tax-dollars-war-more-53-your-tax-payment-goes-military]. Note: these figures are questionable, need more data. | |||
=Other= | |||
*Total taxes - federal, state, local - around $6.6 Trillion. Federal income tax is 2.6 trillion. | *Total taxes - federal, state, local - around $6.6 Trillion. Federal income tax is 2.6 trillion. | ||
*US budget for 2018 - around $4 trillion - [https://en.wikipedia.org/wiki/2018_United_States_federal_budget] | *US budget for 2018 - around $4 trillion - [https://en.wikipedia.org/wiki/2018_United_States_federal_budget] | ||
* | *Government spends about $600B more than it has - [https://en.wikipedia.org/wiki/United_States_federal_budget#Overview]. This is the deficit. Who pays for it? | ||
*US Debt is about $20T, increasing $1T/year since 2007. | |||
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Revision as of 00:19, 8 February 2018
- $581 billion USA military budget in 2014 - https://en.wikipedia.org/wiki/Military_budget
- 53% of Americacn tax money funds the military - about $1.3Trillion - [1]. Note: these figures are questionable, need more data.