Taxpayer Receipt: Where Your Dollars Go
- Jun 6, 2017
- 1 min read
Allocation of $100 paid in federal taxes for 2016.
*Refundable credits: including the American Opportunity Credit (for college), the Child Tax Credit, and the Earned-Income Credit (for the working poor).
*SSI = Supplemental Security Income
*Other includes 36 cents of health related items.
Breakdown of $100 in Federal Taxes
Social Security: $23.61
Medicare: $15.26
National Defense: $15.24
Medicaid: $9.55
Other: $7.85
Interest: $6.25
Veterans: $4.58
Civilian Federal Retirement: $2.57
Transportation: $2.39
Refundable Credits: $2.21
Education: $2.08
Food Stamps: $1.89
SSI: $1.53
Justice: $1.48
Housing Assistance: $1.27
Foreign Aid and International Affairs: $1.14
Affordable Care Act Subsidies: $1.09
Source: Committee for a Responsible Federal Budget
via The Wall Street Journal




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