Where Your Tax Money is Going in 2016
Have you ever stopped to wonder where all of your tax money goes?
The holiday season is quickly approaching, and with it comes merriment and an opportunity for new beginnings. But with every new year, however, comes a new tax season. Regardless of your personal opinions on taxes, it’s a necessity of every American citizen to pay their share into the Government’s budget.
Well, we’ve done some digging around and figured out exactly where your dollars are being spent – down to the very last penny. Some of our findings may come as a surprise, while others may not. Health Care, Social Security, and National Defense come in at the top three spots respectively – accounting for just over 65% of the overall budget – but what about investments into our nation’s infrastructure or our international affairs?
Take a look at this nifty infographic we recently put together highlighting just that – where your tax money is going in 2016. Let’s just hope it’s not on another Superman movie!