Taxes: Here’s Where Your Tax Money Just Went White House Online Calculator Points to Shocking Costs of Health Care, Defense
Taxpayers can now use an online calculator to see where every dollar they’ve just paid the IRS will go.
Called Your Federal Taxpayer Receipt, the tool is part of the White House website, which describes it as way for tax filers to understand “how and where your tax dollars are being spent.”
Want to see how much money you just paid to NASA? To railroad retirees? For military R&D, natural disaster relief, or for vocational education? It’s all there, and to the penny — your total tax bill divided up among some 40 programs and services. The allocations are based on the percentage of overall federal spending each category got in fiscal 2010.