As a thought experiment, it'd be interesting to imagine how things would play out if each taxpayer could adjust little sliders on each category to allocate where they personally would like their taxes to go. Agencies could recommend funding levels, Congress could recommend an allocation and if a taxpayer didn't change it, that default would take effect. But if a taxpayer preferred, they could say, "no, I won't be fun…
Where did my taxes go?
21–30 of 231 posts
Re: Where did my taxes go?
#22This makes it sort of obvious how large the US welfare state is. Medicaid: 10% "Safety Net": 7.1% Social Security: 22.6% Medicare: 14.2% 53.9% of the federal budget is spent on welfare. That seems roughly in line with most Western nations.
Re: Where did my taxes go?
#23Somewhat off topic, but I've always wanted to know _who_ gets my tax dollars more than what they were spent on. For example, a middle class salary to someone building bombs in Ohio is different than a wealthy investor who owns shares in some educational company that provides standardized tests to local public schools.
Click down into a federal account and then change the drop down over the chart to "Recipient".
Re: Where did my taxes go?
#24If the US had a credit score, I wonder what it would be?
Standard & Poor's: AA+
Moody's: Aa1
Re: Where did my taxes go?
#25Interest on the national debt is by far the largest share. Both political parties spend like drunken sailors.
Re: Where did my taxes go?
#26This makes it sort of obvious how large the US welfare state is. Medicaid: 10% "Safety Net": 7.1% Social Security: 22.6% Medicare: 14.2% 53.9% of the federal budget is spent on welfare. That seems roughly in line with most Western nations.
Re: Where did my taxes go?
#27Re: Where did my taxes go?
#28If the US had a credit score, I wonder what it would be?
Re: Where did my taxes go?
#29This makes it sort of obvious how large the US welfare state is. Medicaid: 10% "Safety Net": 7.1% Social Security: 22.6% Medicare: 14.2% 53.9% of the federal budget is spent on welfare. That seems roughly in line with most Western nations.