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Where Your Tax Dollars Go

Posted By Barry Ritholtz On October 19, 2005 @ 5:10 am In Economy,Politics | Comments Disabled

Ever wonder where the money you pay to Uncle Sam goes? 

This site — the National Priorities Project [1] — breask it down by category:

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click for larger chart

Tax_spending [2]

Of the $100000.00 you paid in taxes:

$29968.20 goes to the military
$18602.90 goes to pay the interest on the debt
$20273.80 goes to health care
$6581.60 goes to income security
$3670.10 goes to education
$3437.60 goes to benefits for veterans
$2688.70 goes to nutrition spending
$2143.70 goes to housing
$1724.70 goes to environmental protection
$937.00 goes to job training
$10515.00 goes to all other expenses

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Source:
National Priorities Project [1]
http://nationalpriorities.org/auxiliary/interactivetaxchart/taxchart.html


Article printed from The Big Picture: http://www.ritholtz.com/blog

URL to article: http://www.ritholtz.com/blog/2005/10/where-your-tax-dollars-go/

URLs in this post:

[1] National Priorities Project: http://nationalpriorities.org/auxiliary/interactivetaxchart/taxchart.html

[2] Image: http://bigpicture.typepad.com/.shared/image.html?/photos/uncategorized/tax_spending.jpg

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