I wonder what this would look like if we had the tax system of the 1960s.
I recall that the top end rates were higher, not sure if it would make much of a difference.
UnavailableName864 on
We are so f*cked no matter which party is running things. I voted for Harris but she could not have fixed this. But she wouldn’t have made it so much worse, like has happened.
rfs103181 on
Reminds me of the ratios of a certain Atlantic City casino.
russwill on
530B corporate income tax?
FrankieLovie on
let’s break down the national defense bracket please.
WallStreetBoners on
How is “wealth and savings” a category of outflowing dollars?
Witness_Me_1 on
Medicare (including the Obamacare subsidies) collects 400 billion and spends 2 trillion.
TrySomeCommonSense on
Think about that for a second folks. The government gave people that we dont know $6.8 trillion of our own money…just last year alone.
And people still worship political parties that steal their money and give it away to their friends and family.
15 Comments
Source: USAFacts aggregation of data from Office of Management and Budget, Census Bureau, and Bureau of Economic Analysis
Tools: Illustrator
Note: The federal fiscal year runs from October 1 to September 30. Charts are shown to scale for comparison. Numbers may not add due to rounding.
This Sankey chart was pulled from [this report](https://usafacts.org/research-and-initiatives/reports/america-in-facts/) we send to Congress every year.
No worry guys, the fiscal responsibility party is going to fix this /s.
If this Sankey looks familiar, it’s likely for a couple of reasons:
1. I post an updated version of this every year
2. Those charts always seem to have a noticeable deficit section on the bottom left
Last year (FY 2024) that deficit was $1.8 trillion, resulting from the federal government collected $4.9 trillion and spending $6.8 trillion.
If this Sankey look unfamiliar, it could be because:
1. You didn’t see those other posts
2. We changed up our data viz color pallette recently
Let me know what you think about the viz, federal spending, or any easy way to balance the budget.
But it’s the US subsidizing everyone else, not everyone else lending the US the dosh to keep running…
I feel like a second chart with social security removed would also be useful as it acts as a mostly independent system
Fiat currency isn’t even real. It’s a ponzi scheme.
The value of tangible goods is around 10% of the circulating money supply.
[US tariff revenue expected to be $250-350B in 2026, about half the size of the corporate tax revenue line above. ](https://www.crfb.org/blogs/tariffs-are-generating-meaningful-new-revenue#:~:text=Monthly%20tariff%20revenue%20has%20grown,$3.1%20trillion%20through%20FY%202035)
[The OBBB will also reduce income tax revenue by $570B in 2026 compared to doing nothing. ](https://itep.org/how-will-trump-megabill-change-americans-taxes-in-2026/#:~:text=As%20ITEP%20has%20previously%20found,happen%20if%20Congress%20did%20nothing)
I wonder what this would look like if we had the tax system of the 1960s.
I recall that the top end rates were higher, not sure if it would make much of a difference.
We are so f*cked no matter which party is running things. I voted for Harris but she could not have fixed this. But she wouldn’t have made it so much worse, like has happened.
Reminds me of the ratios of a certain Atlantic City casino.
530B corporate income tax?
let’s break down the national defense bracket please.
How is “wealth and savings” a category of outflowing dollars?
Medicare (including the Obamacare subsidies) collects 400 billion and spends 2 trillion.
Think about that for a second folks. The government gave people that we dont know $6.8 trillion of our own money…just last year alone.
And people still worship political parties that steal their money and give it away to their friends and family.