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Taxing state of affairs

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Election 2008
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Posted April 15, 2008 7:00 AM
The Swamp

Andrew Zajac

With the tax deadline upon us, you may be curious about just what the feds do with your money.

(Pause here for jokes and dark mutterings about bridges to nowhere and government workers accessing porn on federal computers.)

The Democratic-leaning Third Way think tank offers this breakdown on the disbursement of $13,000 or so in taxes paid by a working adult who earns $64,000:Download file

Expenditures range from $2,662 for Social Security to 13 cents for border fencing, according to the Third Way report.

The White House? The lights stay on for a mere 18 cents from our hypothetical taxpayer.

Interest on the national debt sucks up $1,085.29 and pork barrel projects costs $60.45, while the wars in Iraq and Afghanistan consume $593.48 and $159.82 respectively.

Those wars notwithstanding, advocacy of tax increases has been pretty much a kiss of political death, at least on the federal level, for years. If anything, the debate has been framed in terms of cutting taxes.

But the U.S. actually has one of the lower tax burdens among developed nations, according to a 2006 report by the non-partisan Urban Institute.

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Comments

Just want to wish a Happy Holiday to the libs here in the SWAMP.

Numbers per TAvg Taxpayers of "working age households"

Soc Sec - $2663
Medicare - $1698

These numbers rank first and 3rd respectively with defense being second. They will start to explode in a few years. The other spending has to be cut or drastically reduce the rate of growth.

These other items -

Pork Barrel - $60
Post Office $3 (raise the price of stamps)
School Lunch Program $46 - why the federal gov't?
Agri Subsidies - $98 - with prices where they are at today?
Aid to Public Schools - $108 (why a federal matter?)


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