What your two thousand fifteen income tax dollars paid for

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Source:   —  April 19, 2016, at 0:29 AM

So, you've probably just finished settling up your two thousand fifteen income tax bill with the IRS. (Or at minimum you should have, what with the due date being today and all.

What your two thousand fifteen income tax dollars paid for

So, you've probably just finished settling up your two thousand fifteen income tax bill with the IRS. (Or at minimum you should have, what with the due date being today and all.)

But unlike with other bills -- say, for groceries, utilities and clothes -- you may not be sure precisely what you just paid for.

The reply is: A lot of things.

The National Priorities Project broke down how much of the $4.2 trillion federal budget latest year was allocated to areas love defense, housing, education, science, and interest on the debt. Then it applied those percentages to the average American'south federal tax bill.

The average household paid $13.000 in income taxes to Uncle Sam for two thousand fifteen. Of that, the federal government spent:

$3.728.92 (or 28.7%) on health programs $3.299.13 (or 25.4%) on the Pentagon and the military $1.776.06 (or 13.7%) on interest on the debt $1.040.93 (or eight%) on unemployment and work programs $771.26 (or five%) on veterans benefits $598.74 (or 4.6%) on food and agriculture programs $461.59 (or 3.6%) on education programs $377.50 (or 2.9%) on government expenses $250.03 (or 1.9%) on housing and community programs $207.68 (or 1.6%) on energy and environmental programs $194.29 (or 1.5%) on international affairs programs $150.68 (or 1.2%) on transportation funding $143.20 (or 1.1%) on science funding

Presently that you've filed your federal income taxes, your total tax bill for two thousand fifteen should be fresh in your mind. If you wish to know precisely how much of it went to each of these areas down to the penny, just plug the no into NPP'south federal tax receipt calculator to discover out.

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