Per Capita Taxes Have More Than Doubled Since JFK

[JBond]

And liberals say we are not taxed enough...Sigh.

Real federal taxes per capita have more than doubled since John F. Kennedy served as president — and argued for lower taxes.

In 1961, the fiscal year Kennedy was elected, the federal government collected about $94.388 billion in taxes, according to the Office of Management and Budget. The population that year was about 183,691,481, according to the Census Bureau. That meant federal tax revenues equaled about $514 per capita — or $4,121 in 2016 dollars.

By 1965, the fiscal year Lyndon Johnson beat Barry Goldwater, the federal government collected about $116.817 billion in taxes from a population of about 194,302,963. That year federal taxes equaled about $601 per capita — or $4,578 in 2016 dollars.

In fiscal 2016, according to OMB, the federal government collected about $3.268 trillion in taxes. That equaled about $10,114 for each of the 323,127,513 people in the country.

Per capita federal taxation in fiscal 2016 was 121 percent more than it was in 1965 and 145 percent more than it was in 1961.

Per Capita Taxes Have More Than Doubled Since JFK

 

[NightFox]

In fiscal 2016, according to OMB, the federal government collected about $3.268 trillion in taxes. That equaled about $10,114 for each of the 323,127,513 people in the country.

That's not quite accurate since it doesn't account for operating deficit accumulation and unfunded liabilities which are taxes shifted into future (+interest) and the effects of inflation which is hidden tax; not to mention it excludes state and local taxes.

 

[JBond]

In fiscal 2016, according to OMB, the federal government collected about $3.268 trillion in taxes. That equaled about $10,114 for each of the 323,127,513 people in the country.

That's not quite accurate since it doesn't account for operating deficit accumulation and unfunded liabilities which are taxes shifted into future (+interest) and the effects of inflation which is hidden tax; not to mention it excludes state and local taxes.

Excellent points.

 

[yiostheoy]

And liberals say we are not taxed enough...Sigh.

Real federal taxes per capita have more than doubled since John F. Kennedy served as president — and argued for lower taxes.

In 1961, the fiscal year Kennedy was elected, the federal government collected about $94.388 billion in taxes, according to the Office of Management and Budget. The population that year was about 183,691,481, according to the Census Bureau. That meant federal tax revenues equaled about $514 per capita — or $4,121 in 2016 dollars.

By 1965, the fiscal year Lyndon Johnson beat Barry Goldwater, the federal government collected about $116.817 billion in taxes from a population of about 194,302,963. That year federal taxes equaled about $601 per capita — or $4,578 in 2016 dollars.

In fiscal 2016, according to OMB, the federal government collected about $3.268 trillion in taxes. That equaled about $10,114 for each of the 323,127,513 people in the country.

Per capita federal taxation in fiscal 2016 was 121 percent more than it was in 1965 and 145 percent more than it was in 1961.

http://www.cnsnews.com/commentary/terence-p-jeffrey/

Your link does not work.

Try linking again.

 

[yiostheoy]

And liberals say we are not taxed enough...Sigh.

Real federal taxes per capita have more than doubled since John F. Kennedy served as president — and argued for lower taxes.

In 1961, the fiscal year Kennedy was elected, the federal government collected about $94.388 billion in taxes, according to the Office of Management and Budget. The population that year was about 183,691,481, according to the Census Bureau. That meant federal tax revenues equaled about $514 per capita — or $4,121 in 2016 dollars.

By 1965, the fiscal year Lyndon Johnson beat Barry Goldwater, the federal government collected about $116.817 billion in taxes from a population of about 194,302,963. That year federal taxes equaled about $601 per capita — or $4,578 in 2016 dollars.

In fiscal 2016, according to OMB, the federal government collected about $3.268 trillion in taxes. That equaled about $10,114 for each of the 323,127,513 people in the country.

Per capita federal taxation in fiscal 2016 was 121 percent more than it was in 1965 and 145 percent more than it was in 1961.

http://www.cnsnews.com/commentary/terence-p-jeffrey/

Adam Smith goes into detail on how to tax the rich, the poor, and the middle class in his famous book "The Wealth Of Nations".

The principles have not changed.

 

[JBond]

And liberals say we are not taxed enough...Sigh.

Real federal taxes per capita have more than doubled since John F. Kennedy served as president — and argued for lower taxes.

In 1961, the fiscal year Kennedy was elected, the federal government collected about $94.388 billion in taxes, according to the Office of Management and Budget. The population that year was about 183,691,481, according to the Census Bureau. That meant federal tax revenues equaled about $514 per capita — or $4,121 in 2016 dollars.

By 1965, the fiscal year Lyndon Johnson beat Barry Goldwater, the federal government collected about $116.817 billion in taxes from a population of about 194,302,963. That year federal taxes equaled about $601 per capita — or $4,578 in 2016 dollars.

In fiscal 2016, according to OMB, the federal government collected about $3.268 trillion in taxes. That equaled about $10,114 for each of the 323,127,513 people in the country.

Per capita federal taxation in fiscal 2016 was 121 percent more than it was in 1965 and 145 percent more than it was in 1961.

http://www.cnsnews.com/commentary/terence-p-jeffrey/

Your link does not work.

Try linking again.

Try this.

Per Capita Taxes Have More Than Doubled Since JFK

 

[JimBowie1958]

In 1950, corporate tax revenues were 2:3 that of individual tax revenues and CEOs made about 25 times the average income of their workers in their company.

Today individual taxes are three times that of corporations and corporate CEOs make around 350 times that of their workers.

Average Americans have not seen an increase in their after tax, inflation adjusted salaries since 1973.

This is why Bernie Sanders should have become President.

 

[JBond]

In 1950, corporate tax revenues were 2:3 that of individual tax revenues and CEOs made about 25 times the average income of their workers in their company.

Today individual taxes are three times that of corporations and corporate CEOs make around 350 times that of their workers.

Average Americans have not seen an increase in their after tax, inflation adjusted salaries since 1973.

This is why Bernie Sanders should have become President.

Links?

 

[JimBowie1958]

In 1950, corporate tax revenues were 2:3 that of individual tax revenues and CEOs made about 25 times the average income of their workers in their company.

Today individual taxes are three times that of corporations and corporate CEOs make around 350 times that of their workers.

Average Americans have not seen an increase in their after tax, inflation adjusted salaries since 1973.

This is why Bernie Sanders should have become President.

Links?

Sorry, I dont have the time right now, but it is eminently Googleable.

 

[Norman]

As percentage of income:

... From 5% to 40% in 100 years. You have to realize, it will never be enough. They will always want more of your money and more power for themselves. The only option is to fight back and make America great.

 

[Moonglow]

In fiscal 2016, according to OMB, the federal government collected about $3.268 trillion in taxes. That equaled about $10,114 for each of the 323,127,513 people in the country.

That's not quite accurate since it doesn't account for operating deficit accumulation and unfunded liabilities which are taxes shifted into future (+interest) and the effects of inflation which is hidden tax; not to mention it excludes state and local taxes.

Plus children don't pay taxes or the poor, elderly etc...

 

[JakeStarkey]

Per Capita Taxes Have More Than Doubled Since JFK

perpetual warfare state