Friday, April 22, 2016

Fun Friday Facts on Federal Taxation - How Much You Pay and Where it Goes

Over the last seven years the federal government has collected $124,003 in taxes per job (full or part time) in the United States.  

Over that same seven years, the federal government has increased our national debt by $57,051 per job (full or part time) in the United States.

And lest you think that money is well spent, here are just a few of the programs we funded in 2016 alone.  See also, Unwanted tanks, ineffective jets among $5.1B in Congressional earmarks in 2016, stating in part:
1. $40 million to upgrade the M1 Abrams tank. The tank plant is in Lima, Ohio, but its suppliers are spread across the country. Congress has for years approved M1 upgrade money over the objections of defense leaders. A top Army official told Congress in 2012 that it already had more than enough. CNN reported then that 2,000 were parked in a California desert. 
2. $1 billion for a new Arleigh Burke-class guided missile destroyer. The group notes in the Pig Book that since fiscal year 1991, members of Congress have added 21 earmarks for this program, totaling $2.7 billion. Over time the Navy has launched more than 60 such destroyers. 
3. $255 million for two F-35 joint strike fighter aircraft, which has been in development nearly 15 years and is four years behind schedule. The program already is about $170 billion over budget and has been plagued with problems. 
4. $51 million for the Appalachian Regional Commission, created by Congress in 1965 to bolster the economy in Appalachian areas in Ohio and 12 other states. The appropriation represents a 133.9 percent increase over 2015, Citizens Against Government Waste said. The commission pays for several hundred highway and development projects in the Appalachian region, but critics say it duplicates efforts of other federal, state and local programs. 
5. $84.7 million for House office buildings under the Architect of the Capitol, boosting the total available in that fund to nearly $175 million. That figure is nearly 94 percent greater than what the Obama administration requested. The group speculates that the money will be used to help renovate the Cannon House Office Building, a 10-year, $750 million project. ...