Posted on 10/16/2015 9:01:52 AM PDT by Olog-hai
The federal government took in a record of approximately $3,248,723,000,000 in taxes in fiscal 2015 (which ended on Sept. 30), according to the Monthly Treasury Statement released today. That equaled approximately $21,833 for every person in the country who had either a full-time or part-time job in September.
It is also up about $212,927,100,000 in constant 2015 dollars from the $3,035,795,900,000 in revenue (in 2015 dollars) that the Treasury raked in during fiscal 2014.
Even as the Treasury was hauling in a record $3,248,723,000,000 in tax revenues in fiscal 2015, the federal government was spending $3,687,622,000,000. So, the federal government ran a deficit of $438,899,000,000 for the fiscal year. …
(Excerpt) Read more at cnsnews.com ...
I wonder how much of that was in fines, fees and necessaries from revenue from ObamaCare.
Raised taxes and Obamacare fines.
There is NEVER enough other people’s money.
File this news under “deprivation of property under color of law”.
Unfortunately for me and mine I am an above average payee to fedguv.
Work harder, slaves.
I think there will be a massive re-booting of civilization. Then the Bushes’ “new world order” will be run by “one world government”, THE UN. And there will be a very small percentage of the “haves” living on top.
Does anyone contemplate what the receipts would be if our work force were all working?
That’s how you pay down the debt and rebuild the military.
Couple that will ending Welfare to about 80% of those receiving it.
No payout...
Tax receipts instead...
The federal budget in 2000 was just under 2 trillion.
A bit hard to expect the protection of decent, stable society out of socialists.
Well, when the UN’s charter was designed after Stalin’s constitution for the USSR by Alger Hiss, that was the intent. But the outcome will be far different, especially since we’re back to being “multipolar” as it were.
Not enough!! More! More! More! The “rich” will never pay their fair share until all wealth is in the hands of government, and everyone is poverty-stricken and enslaved to the government.
Agreed...
And ‘they’ want more.. And more.
we are being killed by taxes of every stripe....
And bloated by 99% by illegal/unconstitutional pay-outs/programs/departments/etc.
Just think how *amazing* a flat-slavery tax would be instead of the current fiasco! /s
Well, of course we’ll just borrow more!
The media says we have to:
“November Social Security Checks Could Hinge on Debt Deal”
http://blogs.rollcall.com/white-house/social-security-get-squeezed-first-debt-limit-breached/
Media seems extra determined this year to get the debt limit raised.
“Congress is not empowered to tax for those purposes which are within the exclusive province of the States.” —Justice John Marshall, Gibbons v. Ogden, 1824.
Based on the Supreme Court’s clarification of Congress’s limited power to appropriate taxes, here is a rough estimate for what taxpayers need to pay Congress annually in order to perform its Section 8-limited power duties.
Given that the plurality of clauses in Congress’s Section 8-limited powers deal with defense, and given that the Department of Defense budget for 2015 was $500+ billion, I will generously round up the annual price tag of the federal government to the taxpayers as $1 trillion (but probably much less).
In other words, the corrupt media, including Obama guard dog Fx News, shouldn’t be reporting multi-trillion annual federal budgets without mentioning the Supreme Court’s clarification of Congress’s limited power to lay taxes in budget discussions.
The reason that we now have an unconstitutionally big, tax-hungry federal government on our backs is this imo. When the Founding States established the federal Senate, they gave control of the Senate uniquely to state lawmakers. Part of the reason for having state legislatures control the Senate was so that the Senate could kill House appropriations bills which could not be justified under Congress’s Section 8-limited powers, such bills essentially stealing state revenues.
The problem is that the Progressive Movement spooked low-information citizens to pressure state lawmakers to ratify the ill-conceived 17th Amendment (17A). And state lawmakers caved in and ratified 17A, foolishly giving up the voices of the state legislatures in Congress.
So now, after voters elect their federal senators, they go home and watch football while corrupt senators rob voter’s wallets by working in cahoots with the corrupt House to pass unconstitutional appropriations bills, bills which Congress cannot justify under its Section 8-limited powers.
Also, if it wasn’t for 17A, state lawmakers might have built up a 2/3 conservative majority in the Senate by now. This means that Congress could have possibly impeached and booted lawless Obama from the Oval Office by now.
So the first step to “balancing the federal budget” is to make 17A disappear imo, then to amend the Constitution with the suggestions in this post.
One wonders how many families were destroyed by tax-induced poverty.
Meanwhile, the government hogs belly up to the trough.
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