Sunday, October 3, 2010

Nice graphic showing Federal Taxes paid and how much YOU pay for various budget items...Need to know information to be an informed citizen.

A graphic from THIS report (HT: Carpe Diem) showing an example of a taxpayer adjusted gross income (income AFTER various legal deductions) of $34,140 (median US Income) and how much of that income goes to pay Federal taxes and how much is allocated to a variety of budget items.  Note: these are not all the Federal taxes we pay. For instance, we pay lots of "unseen" Federal taxes by way of import tariffs on many/most imported goods.  Money well spent? Depends on what YOUR priorities are, right???

Source: Carpe Diem

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