Here’s Where Your Tax Money is Going in 2016 (Infographic)


Did you know that the latest research shows that the total tax burden faced by average wage earners in the United States is 31.5% of their pretax earnings?  And frankly that’s not even the tip of the iceberg.   Whether you are rich or poor in the United States in the present day, chances are at some point you’ve asked yourselves, “where are all my tax dollars going?”

Considering there’s going to be a $4.1 trillion federal budget in 2016, don’t you think it would be nice to know where that money is going to be spent?  It’s one thing if each citizen had an itemized list sent to their houses showing each expense the government is incurring.

But given that the Government can’t send out million page reports to nearly 400 million people, we figured it would be a little easier to share this little (large) graphic with you.  Want to know where your tax money is going next year?  Have a look below.

Taxes Infographic

Infographic via Community Tax via BBC Tax


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