Where did you your 2013 tax dollars—which are due today—go? This nifty info-graphic breaks it down. Can I say entitlements?
Major entitlements (Medicare, Medicaid, and Social Security) gobbled up 49 percent, while more federal benefits took another 20 percent. These additional “income security” benefits include federal employee retirement and disability, unemployment benefits, and welfare programs such as food and housing assistance. Obamacare spending didn’t really kick in until 2014, so that will show up in next year’s breakdown.
See how this compares to last year’s breakdown: National defense has been cut, while the major entitlements picked up an even larger percentage.
Your 2013 tax dollars—which are due today—went primarily to pay for government benefits.
More – Where Did Your Tax Money Go?