42 Percent - of your taxes go to mili...

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Author Message   Foj Citizen Username: Foger Post Number: 1146 Registered: 9-2004 Posted on Tuesday, April 11, 2006 - 11:13 pm:        That is the percentage of your federal income taxes that went to pay for past wars and the military in fiscal year 2005 (FY05), the year for which we are now filing our income tax returns. FCNL estimates the U.S. spent $783 billion in FY05 for past and present military activities. This includes funding for the Defense Department, Energy Department nuclear weapons programs, military-related activities of other agencies, foreign military financing and training, the wars in Iraq and Afghanistan, mandatory spending for military retirement and health care, veterans programs ($69 billion), and the estimated portion of interest paid on the national debt which can be attributed to past wars and military spending ($170 billion) http://www.fcnl.org/issues/item.php?item_id=1731&issue_id=18