You'll note for that particular graph that the DOD's budget INCLUDES the spending for "Overseas Contingency Operations" such as Iraq and Afghanistan.
Entitlements (SS, Medicare/caid, and other mandatory spending not counting debt payments) make up over 55% of that. DOD and Veterans Affairs make up about 20%.
Please, rather than just posting pictures and acting like that is debating or proves something, use your words and explain to me exactly what is incorrect about my numbers regarding 2010 spending. Slapping some graphics up and acting like that's an answer isn't a response. Especially when, I"m guessing based on another posters post, you tried to show just DISCRETIONARY spending where as my post was clearly speaking about spending, as a whole. Mandatory spending is just as much money being spent by the government as discretionary. $1 of mandatory spending is = to $1 of discretionary. Looking at the matter from only one side of it is a bit ridiculous and highlights the exact type of denail I am speaking about.
While I can't see your images at this time, and can only go off what others have said, I truly hope you weren't being so purposefully obtuse as to think that attempting to counter my point which clearly was speaking of ALL spending by posting up a picture of discretionary spending with no additional comments or statements at all somehow was going to actually counter my statements.
Last edited by Zyphlin; 08-01-11 at 11:54 AM.
"I am appalled that somebody who is the nominee...would take that kind of position"
"A court took away a presidency"
"...the brother of a man running for president was the governor of the state..."
It's horrifying because Trump is blunt instead of making overt implications.
I think what you have explained here is one thing missing in these income tax comparisons. Does England, France and Germany have a second tier of taxes like our state taxes to pay? Our states provide things to us that federal government does not. A centralized national government would necessarily have to have a higher income tax rate to provide everything. More apples and oranges. Our government has much more money that it will ever need. We are taxed enough.
No To Oligarchy | The Nation
But it's not just wealthy individuals who grotesquely manipulate the system for their benefit. It's the multinational corporations they own and control. In 2009, Exxon Mobil, the most profitable corporation in history made $19 billion in profits and not only paid no federal income tax—they actually received a $156 million refund from the government. In 2005, one out of every four large corporations in the United States paid no federal income taxes while earning $1.1 trillion in revenue.
Last edited by Tettsuo; 08-01-11 at 12:02 PM. Reason: Sangha posted the info first... making my post redundant.
A man without fear is a fool, a man that succumbs to his fear is a coward and a brave man acknowledges fear yet presses on.
Some people argue that American tax rates are too high, and that is why we are loss jobs... however, our tax rates really aren't that high compared to the rest of the world. Canadian posters don't complain about job loses to China like the American posters do, so it has to be something else. On top of that, you have people continuing to argue American taxes are too high and need to be cut more in this very thread. I'd say making these comparisons is VERY relevant in the face of some commonplace arguments we hear about taxation right now...