My sincere apologies, sent this to the wrong List David
--- David Atkinson <[EMAIL PROTECTED]> wrote: > This may be of interest > > David > > > Friends Committee on National Legislation > 42% of Your Taxes Pay for War > > 42 Percent - That is the percentage of your federal > income taxes that went to pay for past wars and the > military in fiscal year 2005 (FY05), the year for > which we are now filing our income tax returns. > > FCNL estimates the U.S. spent $783 billion in FY 05 > for past and present military activities. This > includes funding for the Defense Department, Energy > Department nuclear weapons programs, > military-related > activities of other agencies, foreign military > financing and training, the wars in Iraq and > Afghanistan, mandatory spending for military > retirement and health care, veterans programs ($69 > billion), and the estimated portion of interest paid > on the national debt which can be attributed to past > wars and military spending ($170 billion). > > The time period leading up to April 15, when federal > tax forms and payments are due, is an excellent time > to raise questions about federal government spending > priorities with other people in your community and > your members of Congress. For more information on > the > federal budget, visit our web site, > http://www.fcnl.org/redir/0606budget/ > > How We Arrive At this Number > > FCNL makes this annual computation of the percentage > of our tax dollars that go to the military based on > an > analysis of federal government spending that is paid > for with general revenues from individual and > corporate income taxes, excise taxes, estate and > gift > taxes, customs duties and other sources. In the > language of the federal budget, these expenditures > are > categorized as federal funds outlays. In FY05, > federal funds outlays totaled $1,865 billion. > > The federal funds budget includes spending for all > discretionary programs (for which Congress > appropriates funds each year) and for all mandatory > programs such as Medicaid, food stamps, earned > income > tax credit, and other programs and services for > which > benefits are provided to all who meet certain > eligibility requirements established by law. > > The federal funds budget does not include revenues > or > expenditures for trust funds. Social Security and > Medicare trust fund revenues come from separate, > dedicated payroll taxes--not income taxes, and > benefits are paid from the trust funds, not general > revenues. > > These calculations are based on figures in the White > House Office of Management and Budget, Budget of the > U.S. Government, Fiscal Year 2007. > > More Information > > Find our more about how FCNL calculates the 42% > figure > at http://www.fcnl.org/redir/0806fy05taxes/ > > The upcoming March issue of the FCNL Washington > Newsletter will also include extensive background on > these issues. > > For more information on the federal budget, and > federal budget choices see > http://www.fcnl.org/redir/0606budget/ > > Read Col. Dan Smiths (USA Ret) analysis of the > federal budget, Reclaiming the City on the Hill,at > http://www.fcnl.org/redir/0706reclaiming/ > > > > ___________________________________________________________ > > Win a BlackBerry device from O2 with Yahoo!. Enter > now. http://www.yahoo.co.uk/blackberry > > --- RBASE-L > ================================================ > TO POST A MESSAGE TO ALL MEMBERS: > Send a plain text email to [email protected] > > (Don't use any of these words as your Subject: > INTRO, SUBSCRIBE, UNSUBSCRIBE, SEARCH, > REMOVE, SUSPEND, RESUME, DIGEST, RESEND, HELP) > ================================================ > TO SEE MESSAGE POSTING GUIDELINES: > Send a plain text email to [email protected] > In the message SUBJECT, put just one word: INTRO > ================================================ > TO UNSUBSCRIBE: > Send a plain text email to [email protected] > In the message SUBJECT, put just one word: > UNSUBSCRIBE > ================================================ > TO SEARCH ARCHIVES: > Send a plain text email to [email protected] > In the message SUBJECT, put just one word: SEARCH-n > (where n is the number of days). In the message > body, > place any > text to search for. > ================================================ > > ___________________________________________________________ Yahoo! Messenger - NEW crystal clear PC to PC calling worldwide with voicemail http://uk.messenger.yahoo.com
