Funding the Military: Difference between revisions
Jump to navigation
Jump to search
No edit summary |
No edit summary |
||
| (2 intermediate revisions by the same user not shown) | |||
| Line 1: | Line 1: | ||
*$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. | *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. | |||
* | *US GDP is about $19T | ||
Latest revision as of 00:30, 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.
- 25% goes to war - 2013 - [2]
- 48% in 2018 - [3]
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