TradeBalanceBoss
New Member
Yeah, but at least we would be in control. Sales tax? Oh okay, I'll make everything for myself and buy less. Or buy things that last so you don't buy as much.That would be great, but they would probably get us with sales tax! LOL
With how much taxes we pay our streets should be paved in gold, seriously. No one even can truly imagine how much one trillion dollars is.
The total amount of all taxes collected by federal, state, and local governments in the U.S. in 2022 was approximately $8.59 trillion.
This includes:
- $4.9 trillion in federal revenue (mainly income and payroll taxes),
- $2.13 trillion in state tax revenue,
- $1.56 trillion in local tax revenue.
Its a lot of money.
To give you some perspective:
The total market capitalization of all publicly traded companies in the U.S. is around $50 trillion, meaning $8.59 trillion could buy roughly 17% of all U.S. stocks.
It’s more than the annual GDP of every country except the U.S., China, and Germany.
You could buy all the gold in Fort Knox (worth ~$250 billion) over 34 times.
It’s enough to give every person in the U.S. (about 335 million) over $25,000.
You could purchase every professional sports franchise in the U.S. (NFL, NBA, MLB, NHL) multiple times over and still have trillions left.
and lastly....
If you spent $1 million per day, it would take over 8,500 years to spend $8.59 trillion.

