A good place to begin to try and understand the federal government’s finances is a report issued by an obscure federal agency known as Financial Management Services.

the complex and mysterious fine print thrown at you from every direction by corporations that had somehow managed to evade even the bare minimum of sensible protections for consumers. Things didn’t improve when it came time to file my first tax return for Uncle Sam. I tried to research my tax situation on the Internal Revenue Service Web site, and

One dollar in tax cuts may only cost the government eighty cents in lost revenue (or fifty cents in extreme cases), as government is taking a smaller slice of a bigger pie.

The United States spends a higher percentage—a much higher percentage—of its GDP on medical services than any other country in the world. It’s now more than 17 percent of our economy. Yet American health outcomes are not obviously superior to those of other wealthy countries.

À titre d’illustration, en 2019, la Caisse nationale d’assurance vieillesse (Cnav), qui sert les prestations vieillesse des salariés du secteur privé, était financée par : − 64,5 % de cotisations sociales. Si elles demeurent majoritaires, celles-ci s’érodent puisqu’elles s’établissaient à 83 % en 2003 et à 75 % en 2013 ; − 12,4 % de transferts issu

The pension system is a huge burden on state finances, and the government spends more than a third of its tax revenue on pensions, yet a staggering 53 per cent of this goes to the wealthiest 20 per cent of the population. The poorest 20 per cent receive only 2.5 per cent of the total disbursed.

“47 percent” (the fraction of the population who currently pay no federal income tax).

Under the current system, as many have pointed out, all we do is add together expenditures, so that the most “economically productive” citizen is a cancer patient who totals his car on his way to meet with his divorce lawyer.