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This tax year military spending will soak up forty percent of every tax dollar (The Nation)

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marmar Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-06-07 04:43 PM
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This tax year military spending will soak up forty percent of every tax dollar (The Nation)
BLOG | Posted 04/06/2007 @ 12:24pm
Where Do Your Tax Dollars Go?


I try to never write off press releases but I got a fax that shocked me this morning. A new report from the National Priorities Project shows that almost 40 cents of every tax dollar that will be paid this year will be spent on past and present military projects!

I knew government spending was out of whack but not this dramatically. This allocation is in contrast to the three-quarters of one penny per dollar spent on diplomacy, economic development assistance and locking down loose nuclear materials and the hundredth of a penny spent on renewable energy and conservation! What spending areas come after the military? Healthcare at twenty-one cents on the dollar and interest on the US debt at nineteen cents per dollar--another proud legacy of the Bush agenda.

Read the NPP's new report, Where Do Your Tax Dollars Go?, for more info. NPP is also the leading source for accurate information on the actual costs of the Iraq war, offering breakdowns of the cost by state and Congressional district. So check their Iraq material out. Then, visit the NPP Action Center to vent some of the outrage you're likely feeling at the obscene costs of Bush's Iraq venture.

The link to the report is at: http://www.thenation.com/blogs/actnow?bid=4&pid=182939


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mike_c Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-06-07 04:52 PM
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1. this is so wrong....
We need to cut military expenditures by at least 50 percent, and I'd really prefer to see them cut by 75 percent.
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marmar Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-06-07 04:53 PM
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2. I'm with you on the 75 percent....
This country is becoming a military junta.
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tblue Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-06-07 04:54 PM
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4. Becoming?
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mnhtnbb Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-06-07 04:53 PM
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3. It's all about the money in this country. Who's getting rich off the military budge?
And who do those people support?
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valerief Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-06-07 06:08 PM
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5. Yeah, and the wingnut ninnies will still blame the "welfare queens"
or "Katrina looters" for raiding the Treasury instead of the real thieves. I sound like a broken record to people when I remind them of who the real looters are. They're rich people getting richer, not poor people trying to keep their heads above water (literally and figuratively).
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