I was curious…
So I did just a little number crunching. This is, by no means, an accurate calculation. It doesn’t account for all kinds of various financial factors and makes several assumptions (such as the notion that a newborn could generate that much money…but let’s remember that abortions were happening before 1973, too). It doesn’t take into account possible offspring and compounded income tax collected from the same individuals from successive years of wage-earning life. It’s meant purely as an illustration…so please keep that in mind, especially if you’re a financial wiz.
Roe Vs Wade was passed 40 years ago. I wondered…what would our economy look like, even vaguely, if those 50+ million children had not been aborted. Is there some way to just get a hint?
This is what I figured…
50,000,000 abortions / 40 years = 1,250,000 abortions per year
Minimum $20,000 annual income per aborted individual had they survived
Amounts to ~$2,000,000,000 ($2 billion) gross income for all children
YEAR || ESTIMATED Income Tax || Total Taxes Collected
1973 | ~30% tax | $600,000,000
1974 | ~31% tax | $620,000,000
1975 | ~30% tax | $600,000,000
1976 | ~30% tax | $600,000,000
1977 | ~30% tax | $600,000,000
1978 | ~30% tax | $600,000,000
1979 | ~31% tax | $620,000,000
1980 | ~31% tax | $620,000,000
1981 | ~31% tax | $620,000,000
1982 | ~30% tax | $600,000,000
1983 | ~29% tax | $580,000,000
1984 | ~29% tax | $580,000,000
1985 | ~29% tax | $580,000,000
1986 | ~29% tax | $580,000,000
1987 | ~31% tax | $620,000,000
1988 | ~31% tax | $620,000,000
1989 | ~30% tax | $600,000,000
1990 | ~30% tax | $600,000,000
1991 | ~30% tax | $600,000,000
1992 | ~30% tax | $600,000,000
1993 | ~30% tax | $600,000,000
1994 | ~30% tax | $600,000,000
1995 | ~31% tax | $620,000,000
1996 | ~31% tax | $620,000,000
1997 | ~32% tax | $640,000,000
1998 | ~32% tax | $640,000,000
1999 | ~31% tax | $620,000,000
2001 | ~32% tax | $640,000,000
2002 | ~30% tax | $600,000,000
2003 | ~28% tax | $560,000,000
2004 | ~28% tax | $560,000,000
2005 | ~30% tax | $600,000,000
2006 | ~31% tax | $620,000,000
2007 | ~31% tax | $620,000,000
2008 | ~30% tax | $600,000,000
2009 | ~28% tax | $560,000,000
2010 | ~27% tax | $540,000,000
2011 | ~27% tax | $540,000,000
2012 | ~28% tax | $560,000,000
2013 | ~31% tax | $620,000,000
———————————————-
$24,020,000,000…uncollected taxes
That’s $24 TRILLION. We could have been out of debt by now.
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