http://news.yahoo.com/s/yblog_exclusive/20110415/pl_yblog_exclusive/a-taxpayer-receipt-calculate-exactly-where-your-tax-dollars-go
Ok, here is a follow up to yesterday , this is an interesting article about where our tax dollars really go! Check out the percentages first :) and try to explain, what means what, here is an example. here is a bit of the article to peak your interest!
The results can be quite illuminating. Take a typical married couple with two kids who earn the median U.S. income, $69,800. After taking standard deductions, they would pay federal taxes of $6,993. Where does their money go?
The biggest chunk — some 20.4%, or $1430.03 -- goes to Social Security. Defense comes in a close second. Our average family would pay $1,410.59 to fund the military — fully 20.2% of the total they send to Uncle Sam.
How about Homeland Security and Law Enforcement, which includes everything from the Coast Guard and the FBI to the U.S. Courts and immigration system? Just 2.4% of our average family's tax bill — only$167.95 — goes to pay for those.
It would make my day if you could send back your thoughts on where our money goes and how the percentages are calculated! Have a wonderful day , it is sunnny and hot here in Los angeles!
“Think of us every time you take a step”
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