Today taxes are due. So it’s fitting to contemplate where your tax money goes.
To make it easier to comprehend, the non-partisan Committee for a Responsible Federal Budget looked at a representative $100 paid in taxes. Of that, 8 cents goes to national parks, $15 goes for Medicare, $21 goes for defense, $50 goes for Social Security and health care programs like Medicare and Medicaid, etc., etc.
One observer said that the data supports the view that the United States is “a giant insurance company with an army.” See details after the jump.