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Sunday, April 18, 2010

HOW US GOVERNMENTS AT ALL LEVELS, FEDERAL, STATE, AND LOCAL, HAVE RAISED REVENUE OVER THE LAST CENTURY. THE BREAKDOWN BY SOURCES DURING THAT CENTURY. AND A FURTHER BREAKDOWN FOR 2010.

Today's Buggy Topic

The subject title is clear enough about the topic, provided it had room for thee or four related topics that prof bug dealt with in his lengthy post left at Economist's View: do we get proper value from all our taxes --- which add up to about 37% of American GDP? 

And Is there any objective way, detached from a citizen's political leanings on our political spectrum, to answer this?  How, additionally, has the distribution of federal spending shifted noticeably since the early 1960s: in 1966, 43% of the federal budget went for defense spending.  By 1986, the percentage had fallen to 28%.  In 2006, it fell to 20%?  What has absorbed increasingly more of federal spending, and why?

Click here for the buggy answers to these closely related topics.