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Ohomo Has Collected $18,764,164,000,000 in Taxes--$124,003 Per U.S. Job...

Author: fredyo (12582 Posts - Joined: Sep 7, 2009)
Posted at 4:08 pm on Jan 11, 2017
View All

Draw yer own conclusions...


Over the course of the 86 full months that President Barack Obama has completed serving in the White House—from February 2009 through March 2016--the U.S. Treasury has collected approximately $18,764,164,000,000 in tax revenues (in non-inflation-adjusted dollars), according to the Monthly Treasury Statements issued during that period. (President Obama was inaugurated on Jan. 20, 2009.)

That equals approximately $124,003 for each of the 151,320,000 persons who, according to the Bureau of Labor Statistics, had either a full- or part-time job during March 2016.

During the same 86-month stretch of the Obama presidency, the total debt of the federal government increased from $10,632,005,246,736.97 to $19,264,938,619,643.07, according to the Treasury.

That is an increase in the debt of $8,632,933,372,906.10—or approximately $57,051 for each of the 151,320,000 people with jobs as of March.

taxes-debt-chart-86_months.jpg

If the Treasury succeeds in collecting the full $3,335,502,000,000 in reveneus that the White House Office of Management and Budget estimates it will collect in fiscal 2016 (which will end on Sept. 30), Obama will become the first American president whose Treasury collected more than $20,000,000,000,000 in taxes (in non-inflation adjusted dollars) during his time in office.

As of the end of fiscal 2015 (on Sept. 30, 2015), the Treasury had collected a total of approximately $17,287,946,000,000 during the 80 full months Obama had at that point served as president.

By the end of this September--if the Treasury collects the estimated $3,335,502,000,000 in revenues for this year—the Treasury will have collected $20,623,448,000,000 in taxes during the 92 full months Obama will by then have served in the White House.

During the first 86 full months that George W. Bush was president (February 2001 through March 2008), according to the Monthly Treasury Statements, the Treasury collected approximately $15,099,826,000,000 in taxes. (From February 2001 through January 2009, the Treasury collected $17,251,191,000,000 in taxes. Bush was inaugurated on Jan, 20, 2001 and left office on Jan. 20, 2009, when Obama was sworn in.)

The $15,099,826,000,000 in taxes that the Treasury collected during Bush’s first 86 full months in office equaled approximately $103,363 for each of the 146,086,000 persons who had a full- or part-time job in March 2008.

During the first 86 full months of George W. Bush’s presidency, the debt increased from $5,716,070,587,057.36 to $9,437,594,138,091.39.

That is a debt increase of $3,721,523,551,034.03—or approximately $25,475 for each of the 146,086,000 persons who had a job in March 2008.


Keep on rockin' in the free world

Replies to: "Ohomo Has Collected $18,764,164,000,000 in Taxes--$124,003 Per U.S. Job..."

  • The silence coming from McConnell and Ryan is deafening re: Trump and the Russkis. - bbkingfish - 1:25pm 1/11/17 (44) [View All]
    • wrong--they are both against DT. Paying lip service because he won and in control. [NT] - Hank the Tank - 4:17pm 1/11/17
    • Not that much fun to have to admit that a foreign power illegally hacked a prez election to help you [NT] - Frank L - 2:22pm 1/11/17
    • Ryan, McConnell, Graham and McCain are RINO rats. [NT] - fredyo - 1:30pm 1/11/17
      • Trump is definitely the epitome of conservative values - ND_in_DRO - 2:43pm 1/11/17
        • Take a look at his team and tell me that is not a Conservative administration that he is - LTNDFAN - 5:23pm 1/11/17
        • It is his devout, humble, Christianity that they find irresistable. - bbkingfish - 2:47pm 1/11/17
          • Ha! [NT] - NedoftheHill - 3:30pm 1/11/17
        • That trillion dollar stimulus on top of the tax cut is very Republican and fiscally responsible. [NT] - Frank L - 2:46pm 1/11/17
          • Kinda' like Ohomo managing to run up our debt to $20 Trillion.... - fredyo - 2:54pm 1/11/17
            • And what makes you think Trump will be different? Ultimate RINO on spending. [NT] - Frank L - 3:14pm 1/11/17
              • Thx for answering my question. [NT] - fredyo - 3:18pm 1/11/17
                • I knew you could figure out that the answer is never when he will be adding trillions to it. - Frank L - 3:20pm 1/11/17
                  • Concern about the national debt is only a conservative value when a Dem is in the WH. [NT] - ND_in_DRO - 3:23pm 1/11/17
                  • There is so much fat to be trimmed that he doesn't need to raise the debt. [NT] - fredyo - 3:22pm 1/11/17
                    • and how many times has that been said? He won't save trillions that way. [NT] - Frank L - 3:25pm 1/11/17
                      • So how did we get to the $20 Trillion mark? - fredyo - 3:29pm 1/11/17
                        • Big unfunded ground wars by Bush in Iraq and Afghanistan, plus re-building of roads,schools, - bbkingfish - 4:59pm 1/11/17
                          • "...reduced each succeeding year under Obama ..." Reduced after he ran up the deceit (deficit) ... - fredyo - 5:23pm 1/11/17
                            • Tax revenues plummetted after the Bush 2008 recession. Big deficits followed in 2009. - bbkingfish - 6:00pm 1/11/17
                              • Once again you missed the mark. Clinton basked in the Bush policies that created a surplus... - fredyo - 6:33pm 1/11/17
                        • You are arguing with the wrong person if you want a defense of Obama spending. - Frank L - 3:45pm 1/11/17
                          • How do you figure? 72% of Ohomos deficit is from social programs. Expect a MAJOR cut in those.... - fredyo - 3:50pm 1/11/17
                            • No way. He is not going to cut entitlements or social spending. [NT] - Frank L - 3:58pm 1/11/17
                              • And just how are you privy to this? [NT] - fredyo - 4:00pm 1/11/17
                                • He has said he won't touch entitlements which is where most of those trillions go, and - Frank L - 4:48pm 1/11/17
                                  • OIC...so suddenly you believe in what he says? Man, you are too much. (;=D) [NT] - fredyo - 4:54pm 1/11/17
                        • Billionaires not paying their taxes? [NT] - Rooney - 3:33pm 1/11/17
                          • WOW! You are some math wiz. Please allow me to help... - fredyo - 3:37pm 1/11/17
                            • Quick question. - Rooney - 3:56pm 1/11/17
                              • Ohomo Has Collected $18,764,164,000,000 in Taxes--$124,003 Per U.S. Job... - fredyo - 4:08pm 1/11/17
                                • $9 trillion here...$9 trillion there...pretty soon you're talking about serious money... [NT] - TakethetrainKnute - 4:27pm 1/11/17
                                  • Thank you, Mr. Dirksen... - fredyo - 4:41pm 1/11/17
                            • Admittedly I'm not good with numbers. - Rooney - 3:52pm 1/11/17
                              • I know that and I was being sarcastic. Still friends? [NT] - fredyo - 3:53pm 1/11/17
                                • 9. [NT] - Rooney - 3:57pm 1/11/17
                                  • How cheeky of you. [NT] - fredyo - 3:59pm 1/11/17
      • Trump has been a republican for all of 10 minutes and you bow to your king. RINO indeed. [NT] - Rocket91 - 1:55pm 1/11/17
        • I've been a registered Republican since 1972, Bozo. Always vote straight tix.... - fredyo - 2:19pm 1/11/17
      • What Trump is experiencing is called "just deserts." - bbkingfish - 1:42pm 1/11/17
        • WRONG! They are traitors to the party. Just wait until Lindsey Graham is exposed for... - fredyo - 2:22pm 1/11/17
          • No real Republican can be gay? [NT] - ND_in_DRO - 2:44pm 1/11/17
            • Nonsense. Caitlyn Jenner is a Republican...and she's a lesbian now...I think... [NT] - TakethetrainKnute - 2:50pm 1/11/17
            • Only with you, apparently. [NT] - fredyo - 2:45pm 1/11/17
        • "Just deserts"...probably another consequence of Global Warming... [NT] - TakethetrainKnute - 1:54pm 1/11/17
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