Where does your tax money go?
Did my taxes online last night and found this litte gem:
Where Does Your Tax Money Go
Ever wonder where your tax dollars are spent each year? The table below provides a summary of government tax spending percentages applied to the tax you paid in.
Your Money Is Spent On -----Your Share ---- %
National Defense -------------$821.00------ 17%
Medicaid ---------------------$338.00 -------7%
Medicare --------------------$579.00 ------12%
Unemployment, Disability and Other Income $676.00 14%
Social Security --------------$1,110.00 ------23%
Interest Payments ------------$531.00 -------11%
Other Expenses ---------------$772.84 -------16%
Total Paid------------------- $4,827.84 -------100%
I contributed $821 to an illegal war this year and $1110 to something I'll never see. Go ME!
Hey, does anyone know if its possible to go about NOT contributing to Social Security? I've heard it can be done, but I don't know how. I'd much rather put that money in my Roth IRA account....
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"Repetition does not transform a lie into a truth."
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