What percentage of my federal tax bill went toward supporting the war in iraq?

Answer 1

Less than a penny per dollar.

The war in Iraq is the second-cheapest war in our history, second only to the first Iraq war, in terms of percentage of our national GNP. This is the only objective standard we can use to compare. The two Iraq wars are the only wars in our history that have cost us less than 1 percent of our GNP. So, assuming that the government spends your dollar in a manner proportional to the government's overall spending, less than one penny out of your tax dollar goes toward the war in Iraq. By contrast, the Vietnam War cost over 10 times that much in terms of percentage of GNP.

For a more universal view, consider this analysis by James Dunnigan of overall military spending as a percentage of GNP.

"With the U.S. defense budget headed north of $400 billion a year, and accounting for nearly half the military spending on the planet, you’d think that records were being broken. Well, they aren’t. As a percentage of GNP, military spending continues a decline that has been going on since the 1960s (when, because of the Vietnam war, defense spending was 10.7 percent of GNP). That went down to 5.9 percent of GNP in the 1970s and, despite a much heralded “defense build up” in the 1980s, still declined in the 1980s (to 5.8 percent.) With the end of the Cold War, spending dropped sharply again in the 1990s, to 4.1 percent. "

Answer 2

Well.. the good news is.. none of it went to support the war (not directly, at least). The bad news is that.. your taxes are just paying the interest for the loan that the gov. took out from the Federal Reserve Bank. And that loan includes the expenses for the war in Iraq, as well as other expenses.

Answer 3

Too much that's for sure. I wish I could deduct 40 percent or so from my federal taxes to account for the portion spent on the military. Do you realize that we spend close to half a trillion dollars every year on the military? That's 500 billion dollars. Compare that with the interstate highway system, which cost 130 billion dollars over 60 years. We could rebuild the interstate highway system three times every year with the money we spend on the military. We spend more on the military than every other country in the world combined. We is this spending not a political issue? Good question.

Answer 4

Approx 30 percent of you dollars go to the current wars. another 19 percent or so to past military. Exactly how much of this goes to Iraq is not clear, however about 40 percent of what does go to Iraq is used to line the pockets of private contractors rather than the military.

Despite what some said here ALL money that the government uses comes from the people in the form of taxes or other fees.

Answer 5

nicely in case you may end and picture approximately how those tax funds are spent on the conflict, you may retract your question. It basically proves which you particularly be attentive to no longer something approximately economics. the U. S. defense force desires issues, issues which includes weapons, ammo, armor, tanks, missiles, nutrition, and all kinds of alternative issues. Who factors all that stuff? and don't supply me the pansy answer that we get it from different worldwide places. that is largely lack of understanding. We use American workers to produce a majority of those products. So technically the government is putting civilians to artwork offering products to the defense force. i might say that is spending the funds on their fellow individuals. And for the different area of this difficulty. If we don't take care of ourselves and our interests with the aid of the worldwide, then we develop into liable to invasion and extra terrorist activity. those kinds of activities ward off the upward push of our economy and no rely how lots funds the federal government spends here interior the USA, that is not any longer sufficient because of the fact lots of the companies that is required to offer centers to the government may well be unavailable. in case you be attentive to something approximately conflict and the thank you to defeat an enemy you would be attentive to what i'm talking approximately. So the final thank you to help united statesa. and the taxpaying electorate is for the government to guard this u . s . a . and achieve this with American made products and centers. That looks to me to be precisely what we are doing.

Answer 6

None. The Iraq war isn't included in the budget. It's a separate category entirely.

But- about $200B a year. About half of which is direct military expense, the other half is hidden.

Answer 7

0% actually ... what most people dont realize is that ur taxes go to the federal reserve bank to pay the interest on the money they loan to the govt ... taxes dont fund govt activity... and even if noone paid taxes and the federal reserve bank didnt exist the govt would print the money themselves and fund themselves ... which is consequentially constitutional and how it should be ...

Answer 8

I requested that ALL my taxes went to supporting the war in Iraq.
As a fellow American, I hope that you did too!!!

Answer 9

Mush less than went to supporting the broken healthcare system in this country. And MUCH more than that if it ever gets socialized.