Where does all our money go ?

Question

This government seems to think up another crazy scheme every day to deprive us of our money, yet nothing seems to get any better. Someone somewhere is profiting from all this. Who is it ?

Answer 1

Substantial amounts of our taxes by a recent admission of this British Government are wasted or squandered, lost or disappeared in to the bottomless pit of bureaucracy. It has always been the policy of Labour Governments to 'tax and spend' this one seems to 'spend and waste'. Of course governments of all colours tend to waste large amounts of public cash and in many government departments the ideology is spend it, there is plenty more where that came from. ( I have worked in a number of these departments so I know) The answer to the question is there are so many snouts in the trough it's hard to say.

Answer 2

Your question is so very very broad. It is difficult to explain exactly where all our money goes, but the government always seem to have an answer. They charge congestion charges to prevent people from using their cars and use public transport, yet the public transport system is in a mess, and they increase the fees to travel? What kind of incentive is that? I think that ultimately the government wants to have people leave the country.

Answer 3

Great question!!!

Answer: Who isn't profiting? In fact there's no profit involved if you're on the receiving end, like Farm Subsidies $27B and many others....

Here's the 2006 budget ($2.2 Trillion).

$Millions --> i.e. Social Security $554 billion

Spending Category2006Percent
_______________________________________
Social Security $554,740 20%
National Defense 535,943 20%
Medicare 342,987 13%
Income Security Programs 215,690 8%
Medicaid 192,334 7%
Federal Retirement & Disabililty 99,180 4%
Education 83,480 3%
Veterans Benefits 70,410 3%
Health Research and Regulation 76,455 3%
Highways & Mass Transit 45,783 2%
Justice Adminstration 41,342 2%
Unemployment Benefits 38,554 1%
International Affairs 34,750 1%
Natural Resources & Environment 32,731 1%
Farm Subsidies 26,846 1%
Community & Regional Development 52,025 2%
TrainingEmploymentSocial Services 26,171 1%
General Science, Space & Technology 23,996 1%
Air Transportation 18,581 1%
General Government 19,085 1%
Housing and Commerce 9,087 0%
General Retirement & Disability Insurance 7,208 0%
Water Transportation 7,273 0%
Energy 2,621 0%
Undistributed Offsetting Receipts/Other -68,648 -3%
Net Interest 220,053 8%
____________________________________________
Total Spending 2,708,677 100%

Answer 4

As a married couple, you the two could have some sort of settlement as to how the money is spent. to a pair volume you are able to save money separate for hobbies, and so on, yet in a super sort of techniques your components are pooled. To me is looks unfair that your spouse has no subject giving money to her sister, yet a super subject giving it on your brother. That being mentioned, i think of that's appropriate to enable it bypass. What she is suggesting is unquestionably a less complicated answer and could help save arguments down. in case you believe her to pay 0.5 the expenditures and you pay the different 0.5, then arguments over disposable earnings and saving concepts-set develop right into a moot element. it ought to truthfully help relieve the economic stress on your marriage and make issues greater valuable in the long-term.

Answer 5

Running the government takes an enormous amount of money but there is also a lot of corruption with kick backs to businesses. A lot of it is currently going into the military also.

Answer 6

Gordon Brown takes it and then the rest of the Labour party has a competition to see who can get the poorest value for money with the funds.

Answer 7

The war and coorperations who deal in the war. We were actually cutting the deficit under Clinton. We could have Universal health care or send this generation to college for free with the cost of this war

Answer 8

Money goes to war efforts and politicians with businesses conected to arms sales benefit from this scheme.

Answer 9

When the wealthy part of this population start paying their fair share of tax, perhaps there will be enough money about for things then to get better. £56 million bonus, anyone?

Answer 10

The labour government