Now with the 2010 tax season over, some taxpayers would like to know where there taxes go.
Here is a general breakdown of where your tax dollars go:

1. Social Security 20.6%

2. Defense 20%

3. Medicare 13.2%

4. Medicaid 7.2%

5. Help for low income 9%

6. Net interest on debt 6.5%

7. Everything else including, transportation 3.3%, education 1.9%, federal employees’ and military retirement 3.3%, science and space .9%, homeland security 1.3%. International aid is about 1.7% and half of that is for humanitarian assistance. Environmental and natural resource programs 6%.


Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

clear formSubmit