Funding the Military: Difference between revisions

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https://www.commondreams.org/views/2010/04/13/your-tax-dollars-war-more-53-your-tax-payment-goes-military
*$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.
*25% goes to war - 2013 - [https://ourfuture.org/20140414/the-surprising-truth-behind-tax-day-where-your-taxes-go]
*48% in 2018 - [https://www.warresisters.org/resources/pie-chart-flyers-where-your-income-tax-money-really-goes]
=Other=
*Forbest - The Costs of War- [https://www.forbes.com/2009/11/25/shared-sacrifice-war-taxes-opinions-columnists-bruce-bartlett.html#d9058b133df7]
*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]
*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.
*US GDP is about $19T

Latest revision as of 00:30, 8 February 2018

Other

  • Forbest - The Costs of War- [4]
  • Total taxes - federal, state, local - around $6.6 Trillion. Federal income tax is 2.6 trillion.
  • US budget for 2018 - around $4 trillion - [5]
  • Government spends about $600B more than it has - [6]. This is the deficit. Who pays for it?
  • US Debt is about $20T, increasing $1T/year since 2007.
  • US GDP is about $19T