Dec. 2nd, 2003

gup mup

Dec. 2nd, 2003 09:21 am
jodawi: (Default)
dreamed our company president was expecting some employees to cooperate with having their throats slit to help the company out with its difficult situation

gup mup

Dec. 2nd, 2003 09:21 am
jodawi: (Default)
dreamed our company president was expecting some employees to cooperate with having their throats slit to help the company out with its difficult situation
jodawi: (dumbwater)
the food wants me to have it is. where what how. this is the stark face of hungry in columbia. special report: whence lunch? lunch wince. alas alack lack a lunch wench with a lunch winch. all lose. o. but mobility. mk.



and now, dear friends, my flesh is awash in grease. we may call this Greasetide 2003.
jodawi: (dumbwater)
the food wants me to have it is. where what how. this is the stark face of hungry in columbia. special report: whence lunch? lunch wince. alas alack lack a lunch wench with a lunch winch. all lose. o. but mobility. mk.



and now, dear friends, my flesh is awash in grease. we may call this Greasetide 2003.
jodawi: (financial)
(for USers) (calculation corrections welcome)

I get annoyed by statements like "$X per person", since each person doesn't actually pay $X, so here's an attempt to demuddle:

From 2003 numbers, assuming entire 79 billion gets paid for this year with no deficit and interest on the debt (ie, these should be much lower than actual cost)

US govt income: 1756 billion
US govt outgo: 2211 billion (excludes 79 billion for Iraq and 12 billion for other things)
income from income tax: 790 billion
social security and retirement: 711 billion
1756 - 790 - 711 = 255 billion

so removing the social security sleight of hand,
income taxes = 790 / (790 + 255) = 75% of receipts
75% of 79 billion = 60 billion from income tax
60 billion / 790 billion = 7.6%
So: 7.6% of US income taxes will be spent on the Iraq war, and thus 7.6% of the tax you pay will be spent on the Iraq war. Here's some sample calculations, using these tax tables:

~taxable income~tax paid~tax paid x 7.6%
= amount you pay for
  Iraq war this year
$1,000$100$7.6
$5,000$500$38
$10,000$1,200$91
$20,000$2,700$205
$40,000$7,150$543
$60,000$12,550$953
$90,000$21,300$1,618


Obligatory: Amount of this Iraq war money that is in response to the 9/11 terrorist attacks: 0%. So why was $79 billion approved for a war on secular Iraq and not for a war against actual terrorists?
jodawi: (financial)
(for USers) (calculation corrections welcome)

I get annoyed by statements like "$X per person", since each person doesn't actually pay $X, so here's an attempt to demuddle:

From 2003 numbers, assuming entire 79 billion gets paid for this year with no deficit and interest on the debt (ie, these should be much lower than actual cost)

US govt income: 1756 billion
US govt outgo: 2211 billion (excludes 79 billion for Iraq and 12 billion for other things)
income from income tax: 790 billion
social security and retirement: 711 billion
1756 - 790 - 711 = 255 billion

so removing the social security sleight of hand,
income taxes = 790 / (790 + 255) = 75% of receipts
75% of 79 billion = 60 billion from income tax
60 billion / 790 billion = 7.6%
So: 7.6% of US income taxes will be spent on the Iraq war, and thus 7.6% of the tax you pay will be spent on the Iraq war. Here's some sample calculations, using these tax tables:

~taxable income~tax paid~tax paid x 7.6%
= amount you pay for
  Iraq war this year
$1,000$100$7.6
$5,000$500$38
$10,000$1,200$91
$20,000$2,700$205
$40,000$7,150$543
$60,000$12,550$953
$90,000$21,300$1,618


Obligatory: Amount of this Iraq war money that is in response to the 9/11 terrorist attacks: 0%. So why was $79 billion approved for a war on secular Iraq and not for a war against actual terrorists?

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