Where Federal taxes are raised and spent. "Some American states receive more in federal spending than they pay in federal taxes; others receive less. Over twenty years these fiscal transfers can add up to a sizeable sum."
A graph of the United States, color-coded to indicate surplus or deficit.
posted by dubold
on Aug 6, 2011 -
52 comments
The
Program for Public Consultation carried out a different kind of budget poll -- they asked each of their respondents to generate a package of tax increases and spending cuts sufficient for substantial deficit reduction, then averaged the results.
The outcome was not what you might expect. The mean package included twice as much tax increase as spending cut: big deficit-reducing moves included substantial income tax increases for the highest brackets and deep cuts in defense spending. Republicans cut less spending than Democrats, as did people who identified as "very sympathetic to the Tea Party." Hardly anybody likes the reduction of the estate tax. Why is the public consensus so different from the Washington consensus?
Read the full report (.pdf) Or
try the interactive budget exercise.
posted by escabeche
on Mar 6, 2011 -
52 comments
Want to know how government spending and taxation levels have gone up or down over the last 20 years, and how they compare with other countries? The Organization for Economic Cooperation and Development has a handy set of tables (
Excel,
HTML-ized by Google): total spending, total revenues, fiscal surplus or deficit (
Norway's surplus is 17% of GDP). Part of the
statistical tables for the semi-annual
OECD Outlook.
posted by russilwvong
on May 30, 2008 -
6 comments
"The sky won't fall, it will probably just trickle down." On whom? (Guess who.) Out here in Washington State voters just approved another in a series of initiatives that, collectively, choke off the state government's primary funding sources. What else are the results of the initiative process around the country? And are The People responsible enough to be trusted with it?
posted by argybarg
on Nov 8, 2001 -
30 comments