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Response to rickyhall (Reply #30)

Sat Nov 17, 2012, 12:59 AM

33. Still not enough

1) Subsidizing big oil = $10-52B (source: priceofoil.org)
2) Subsidizing corporate farms = $10-30B total for all farms (source Cato Institute)
3) Drug war = $15B (source: drugsense.org)
4) Legalize & tax = that's a tough one. state of CO suggested it would get $60M per year. WA says $400M. Average those two, take it times 50 states, and it's $11.5B
5) don't know how to estimate that one

Total taking the high end of each estimate: $108.5B. Against a $1.3-1.4 trillion annual deficit. Even $3.2 trillion in new taxes over ten years does not come close to filling the gap.

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Arrow 33 replies Author Time Post
grantcart Nov 2012 OP
Gregorian Nov 2012 #1
Spitfire of ATJ Nov 2012 #10
sofa king Nov 2012 #32
ancianita Nov 2012 #2
ProudProgressiveNow Nov 2012 #3
grantcart Nov 2012 #4
mimi85 Nov 2012 #6
SunSeeker Nov 2012 #5
Jasonrc42 Nov 2012 #7
yorgatron Nov 2012 #8
OnlinePoker Nov 2012 #11
Jasonrc42 Nov 2012 #25
Fearless Nov 2012 #9
Mr.Turnip Nov 2012 #14
awoke_in_2003 Nov 2012 #20
Fearless Nov 2012 #27
KILL THE WISE ONE Nov 2012 #12
Journeyman Nov 2012 #13
Marmitist Nov 2012 #15
Journeyman Nov 2012 #19
nolabels Nov 2012 #31
JoeyT Nov 2012 #16
bamacrat Nov 2012 #17
WRH2 Nov 2012 #18
Sophiegirl Nov 2012 #21
high density Nov 2012 #22
democrattotheend Nov 2012 #24
democrattotheend Nov 2012 #23
daleo Nov 2012 #26
Sundome Nov 2012 #28
cstanleytech Nov 2012 #29
rickyhall Nov 2012 #30
LineLineNew Reply Still not enough
Jasonrc42 Nov 2012 #33
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