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Where your income tax money really goes


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Old 04-16-2007, 04:29 PM
srharmy srharmy is offline
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Default Where your income tax money really goes

Total Outlays (Federal Funds): $2,387 billion
MILITARY: 51% and $1,228 billion
NON-MILITARY: 49% and $1,159 billion



HOW THESE FIGURES WERE DETERMINED

Current military” includes Dept. of Defense ($585 billion), the military portion from other departments ($122 billion), and an unbudgetted estimate of supplemental appropriations ($20 billion). “Past military” represents veterans’ benefits plus 80% of the interest on the debt.*

These figures are from an analysis of detailed tables in the “Analytical Perspectives” book of the Budget of the United States Government, Fiscal Year 2008. The figures are federal funds, which do not include trust funds — such as Social Security — that are raised and spent separately from income taxes. What you pay (or don’t pay) by April 17, 2007, goes to the federal funds portion of the budget. The government practice of combining trust and federal funds began during the Vietnam War, thus making the human needs portion of the budget seem larger and the military portion smaller.

*Analysts differ on how much of the debt stems from the military; other groups estimate 50% to 60%. We use 80% because we believe if there had been no military spending most (if not all) of the national debt would have been eliminated. For further explanation, please see box at bottom of page.

more here
http://www.warresisters.org/piechart.htm
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