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They admit defeat, now trying flip to the narrative on Jan 6th.
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2022-07-21 at 2:58 PM UTC
Originally posted by vindicktive vinny
a good majority.
how much does the US gain from taxes and how much is your government spending ?
johnny boy must have done a lot more than just mowing grasses to earn his BMX and 4 quids.
"The governments in the US collect about $5.3 trillion a year in income and payroll taxes. Income tax is where governments collect the most tax:in federal, state, and local income tax they will collect about $3.4 trillion in 2022."
so...where do you think all that income tax money goes???
FUCKING LOL AS ME OLD ACCOUNTANT USED TO SAY -
2022-07-21 at 3:14 PM UTC
Originally posted by Jiggaboo_Johnson "The governments in the US collect about $5.3 trillion a year in income and payroll taxes. Income tax is where governments collect the most tax:in federal, state, and local income tax they will collect about $3.4 trillion in 2022."
so…where do you think all that income tax money goes???
FUCKING LOL AS ME OLD ACCOUNTANT USED TO SAY
https://usgovernmentspending.com/classic
"Total US government estimated spending for 2022 is $9.32 trillion, including a budgeted $5.85 trillion federal, a “guesstimated” $2.36 trillion state, and a “guesstimated” $2.32 trillion local."
johnny boy better start eating more butter breads. -
2022-07-21 at 3:41 PM UTC
Originally posted by vindicktive vinny
https://usgovernmentspending.com/classic
"Total US government estimated spending for 2022 is $9.32 trillion, including a budgeted $5.85 trillion federal, a “guesstimated” $2.36 trillion state, and a “guesstimated” $2.32 trillion local."
johnny boy better start eating more butter breads.
Oh look, you had to use the internet -
2022-07-21 at 3:44 PM UTC
Originally posted by vindicktive vinny
https://usgovernmentspending.com/classic
"Total US government estimated spending for 2022 is $9.32 trillion, including a budgeted $5.85 trillion federal, a “guesstimated” $2.36 trillion state, and a “guesstimated” $2.32 trillion local."
johnny boy better start eating more butter breads.
someone failed math..
5.3 trillion IS a good majority of 9.3 trillion
Stay in school kid
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2022-07-21 at 3:50 PM UTC
Originally posted by Jiggaboo_Johnson someone failed math..
5.3 trillion IS a good majority of 9.3 trillion
Stay in school kid
earnings = 5 trillions.
spendings = 9 trillions.
i guess they dont teach math in british schools.
moar :
https://en.wikipedia.org/wiki/2021_United_States_federal_budget2021 Budget of the United States federal government
Submitted by
Donald Trump
Submitted to
116th Congress
Total revenue
$4.046 trillion (actual)[1]
18.1% of GDP[1]
Total expenditures
$6.818 trillion (actual)[1]
30.5% of GDP[1]
Deficit
$2.772 trillion (actual)[1]
12.4% of GDP[1]
Website
BUDGET OF THE U.S. GOVERNMENT
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2022-07-21 at 3:57 PM UTC
Originally posted by vindicktive vinny earnings = 5 trillions.
spendings = 9 trillions.
Did you forgot the statment I made that you challenged? I didn't say taxes pay for everything
I said it pays for "A GOOD MAJORITY".
..again 5.3 is a good majority of 9.3
Seems you failed English as well as math
btw...do you know what government borrowing is and where the deficit came from?
Just because someone spends $100 doesn't mean they had $100 to spend
Stay in school kid -
2022-07-21 at 4:01 PM UTCFurther..figures for 2021 (not your GUESTIMATED figures for 2022)..
In 2021, the government collected $4.05 trillion in tax revenue.
In 2021, the government spent $6.82 trillion.
SO A GOOD MAJORITY CAME FROM TAXES
School? remain on it's premises child! -
2022-07-21 at 4:04 PM UTCthe US government spends a lot more than that annually
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2022-07-21 at 4:10 PM UTChttps://datalab.usaspending.gov/americas-finance-guide/spending/
"In Fiscal Year 2021, the federal government collected $4.05 trillion in federal revenue.
Since the government spent more than it collected, the deficit for 2021 was $2.77 trillion.
Vinny doesn't understand the bolded part apparently. -
2022-07-21 at 4:21 PM UTC
Originally posted by Jiggaboo_Johnson https://datalab.usaspending.gov/americas-finance-guide/spending/
"In Fiscal Year 2021, the federal government collected $4.05 trillion in federal revenue.
Since the government spent more than it collected, the deficit for 2021 was $2.77 trillion.
Vinny doesn't understand the bolded part apparently.
https://www.forbes.com/sites/kotlikoff/2017/12/08/has-our-government-spent-21-trillion-of-our-money-without-telling-us/
the official numbers don't account for a whole lot of things, such as contract adjustments (see: grift) for the MIC and social programs
the bulk of state income comes from effectively reselling debt as bonds, but it's likely not going to be possible for much longer -
2022-07-21 at 4:22 PM UTCif it were just a matter of taxation funding government spending there wouldn't be a defecit at all
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2022-07-21 at 4:27 PM UTC
Originally posted by aldra https://www.forbes.com/sites/kotlikoff/2017/12/08/has-our-government-spent-21-trillion-of-our-money-without-telling-us/
the official numbers don't account for a whole lot of things
The official numbers are the only numbers we can go by...anything else is pure speculation. -
2022-07-21 at 4:29 PM UTC
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2022-07-21 at 4:29 PM UTC
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2022-07-21 at 4:31 PM UTC
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2022-07-21 at 4:32 PM UTCThis thread is like...
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2022-07-21 at 4:36 PM UTC
Originally posted by Jiggaboo_Johnson Only the people with the actual figures (re: those collecting the money and paying the bills… in this case the US gov) have access to the actual figures…again, anything else is pure speculation.
that number is the rough value of unexplained contract overflows in official DOD paperwork that has not been entered into the federal budget.
you can whine and complain that 'they could be anything!', but when you're talking about 2-3x the official amount being queitly recorded but left out, the official numbers might as well be pure speculation. -
2022-07-21 at 4:37 PM UTC
Originally posted by aldra that number is the rough value of unexplained contract overflows in official DOD paperwork that has not been entered into the federal budget.
you can whine and complain that 'they could be anything!', but when you're talking about 2-3x the official amount being queitly recorded but left out, the official numbers might as well be pure speculation.
Unexplained expenses doesn't mean the outgoing $$ figure is wrong...
If I spend $100 and say "I bought a hammer for $99 and a packet of ramen noodles for $1...when in reality I bought a hammer for $50, a packet of noodles for $1 and spent $49 on a blowy...it doesn't detract from the fact I spent $100...
The discussion is tax income vs outgoings..not what it's spent on.
And AGAIN...tax revenue is a GOOD MAJORITY of gov spending...that's all I've said -
2022-07-21 at 4:40 PM UTC
Originally posted by Jiggaboo_Johnson Unexplained expenses doesn't mean the outgoing $$ figure is wrong…
If I spend $100 and say "I bought a hammer for $99 and a packet of ramen noodles for $1…when in reality I bought a hammer for $50, a packet of noodles for $1 and spent $49 on a blowy…it doesn't detract from the fact I spent $100…
The discussion is tax income vs outgoings..not what it's spent on.
that doesn't even make sense as an analogy
it'd be more like if you told your boss you'd spent $100 on a hammer, then he looked at your receipts and found the guy at the hardware store had actually talked you into buying a $500 pneumatic wall smasher -
2022-07-21 at 4:42 PM UTCthe government reports spending $100 which may have been the original contract, but cost overruns actually put the price at $500 or so and they choose not to report that part
