War is hell and hell is very expensive.
There is no doubt that $700 billion is a lot of taxpayer money. But just how does this total break down on a per-person basis?
Well, if we divide $700 billion by the 320 million people in the United States, the per-person total comes out to $2,187 dollars. That’s for each man, woman, and child.
But that’s not the real total. We also need to add in the substantial amounts paid in interest to service a debt that has largely been run up to finance military spending. To be conservative, let’s say that one-fifth of the interest goes toward servicing war debts.1
That brings us up to $2,300 per person, per year.2
Now, of course, these costs are not spread out evenly among all taxpayers. The relatively high-income households pay more than low-income people when it comes to federal taxes.
So, military personnel should especially be thanking higher-income taxpayers for their service.
But, if American were taxed evenly for military costs, that would mean that a family of four would be paying $9,200 per year for “defense.” After all, children need military defense, too, and somebody has to pay for it. Why not their parents?