Root Problem Facing US Feds: Unfettered Growth of Government Spending

[JimBowie1958]

These two graphs show that the problem isn't lack of taxation, but of uncontrolled government growth without a corresponding increase in corporate tax revenues. While individual tax revenues have increased over 50 times over, corporate tax revenues have barely increased one fifth of that and after inflation is factored in, corporate tax revenues are LOWER.

Individual US citizens are taxed way too much while corporations have used their political influence to comparably evade taxation.

The US federal government has been turned into a zombie cash-cow for private banks and international corporations.

It is PAST TIME TO TAKE OUR COUNTRY BACK.

 

[Delta4Embassy]

US government's economy has been called a Ponzi scheme by more than a few experts. Problem is we're now so entrenched in it that if we try to fix it, or stop it the scheme collapses. To keep a Ponzi scheme going, and stave off the crash, you have to keep feeding into it.

 

[JimBowie1958]

US government's economy has been called a Ponzi scheme by more than a few experts. Problem is we're now so entrenched in it that if we try to fix it, or stop it the scheme collapses. To keep a Ponzi scheme going, and stave off the crash, you have to keep feeding into it.

I don't think it is technically a Ponzi scheme, but does have many of the characteristics of one.

And it is heading to a collapse due to the most powerful force in the universe; the exponential growth of the corporate-crony patronage system, and it has to remain at an exponential growth rate to maintain political control.

 

[JimBowie1958]

Federal Budget Fiscal Revenue
Years 1952 to 2010
(GDP-US, IndivTax, CorpTax expressed in $billions, population in millions)
Year....GDP-US.....Pop....IndivTax......CorpTax.....
1952.....358.3....156.552....28.92.......22.06
1953.....379.3....159.232....30.88.......22.05
1954.....380.4....161.958....30.67.......21.87
1955.....414.7....164.731....29.98.......18.60
1956.....437.4....167.551....33.73.......21.77
1957.....461.1....170.420....37.37.......22.15
1958.....467.2....173.337....36.48.......21.09
1959.....506.6....176.305....38.71.......18.31
1960.....526.4....179.323....43.18.......22.67
1961.....544.8....181.588....43.95.......22.22
1962.....585.7....183.881....48.61.......21.83
1963.....617.8....186.204....50.86.......23.08
1964.....663.6....188.555....52.49.......25.19
1965.....719.1....190.937....52.88.......27.39
1966.....787.7....193.348....60.21.......32.11
1967.....832.4....195.790....67.35.......36.20
1968.....909.8....198.263....76.03.......31.18
1969.....984.4....200.766....96.16.......39.86
1970....1038.3....203.302...101.23.......36.57
1971....1126.8....205.515....98.13.......30.21
1972....1237.9....207.752...109.97.......36.58
1973....1382.3....210.013...121.24.......41.58
1974....1499.5....212.299...138.44.......44.64
1975....1637.7....214.609...143.84.......47.26
1976....1824.6....216.945...156.18.......48.68
1977....2030.1....219.307...186.87.......64.07
1978....2293.8....221.694...214.16.......70.69
1979....2562.2....224.107...254.77.......77.81
1980....2788.1....226.546...286.15.......77.92
1981....3126.8....228.670...332.34.......75.28
1982....3253.2....230.815...348.53.......64.24
1983....3534.6....232.979...344.07.......51.28
1984....3930.9....235.164...363.04.......73.94
1985....4217.5....237.369...404.63.......80.49
1986....4460.1....239.595...423.38.......83.09
1987....4736.4....241.842...476.24......106.60
1988....5100.4....244.110...489.53......118.17
1989....5482.1....246.399...543.69......129.29
1990....5800.5....248.710...572.53......117.07
1991....5992.1....251.802...577.17......120.33
1992....6342.3....254.933...591.53......124.14
1993....6667.4....258.103...632.92......143.94
1994....7085.2....261.312...671.86......168.70
1995....7414.7....264.561...728.17......188.41
1996....7838.5....267.850...803.26......203.83
1997....8332.4....271.180...896.54......216.11
1998....8793.5....274.552..1004.22......223.09
1999....9353.5....277.966..1068.79......218.60
2000....9951.5....282.162..1216.12......243.35
2001...10286.2....284.969..1220.69......186.21
2002...10642.3....287.625..1061.18......176.20
2003...11142.2....290.108...992.47......163.58
2004...11853.3....292.805..1024.17......223.09
2005...12623.0....295.517..1169.50......321.54
2006...13377.2....298.380..1312.58......407.00
2007...14028.7....301.231..1453.75......430.87
2008...14291.5....304.094..1450.65......361.58
2009...13973.7....306.772..1186.17......184.51
2010...14498.9....309.350..1158.86......235.30
INCREASE: 4,046%.....98%....4,007%......1066%

Data Sources for 1952:..............................
GDP: See GDP Update Delay..............................
"Federal: Bicentennial Edition: Historical Statistics of the US, Colonial Times to 1970"..............................
"State and Local: Bicentennial Edition: Historical Statistics of the US, Colonial Times to 1970"..............................
Data Sources for 2010:..............................
GDP: See GDP Update Delay..............................
"Federal: Fed. Budget: Hist. Tables 2.1, 2.4, 2.5, 7.1"..............................