Monday, April 15, 2019

You Okay With Over Half Your Discretionary Tax Dollars Going To The Pentagon? ('Cause CEOs Need New Yachts)



Or to put it another way,

Weapons are the US's #1 industrial export.  When weapons are your #1 industrial export, what is your global marketing strategy for that product line?


The good folks at National Priorities Project have done our federal budget homework for us again.



Full Tax Day analysis and fact sheets: https://www.nationalpriorities.org/analysis/2019/tax-day-2019/

Here are a few of their sample tweets for April 15, 2019. They are basing their calculations on federal taxes paid in 2018 covering the year 2017:

Average annual U.S. tax bill for public housing: $9.79. We can afford more. #ShowTheReceipts #TaxDay2019

The average taxpayer paid $225 to military contractor Lockheed Martin, but only $9.79 for public housing.  #ShowTheReceipts #TaxDay2019

The average tax bill for welfare (TANF) is just $6.50 per month. Military contractors take $144 per month.  #ShowTheReceipts #TaxDay2019

The average taxpayer last year paid $180 for all diplomacy and foreign aid, compared to almost nineteen times as much — $3,395 – for the Pentagon and military. #ShowTheReceipts #TaxDay2019

President Trump wants to eliminate the Low Income Heating and Energy Assistance Program, which costs the average taxpayer just $16.32 per year. #ShowTheReceipts #TaxDay2019

Meanwhile, corporate fat cats (like "defense" contractors) are paying less and less of their fair share.





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