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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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