January 27, 2013

• Perspective: Abortion is Keeping America in Debt

  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.

  • 3:58 am
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