See Where Your Taxes Are Going

See Where Your Taxes Are Going

Here is a simple tool from the Administration to help you determine where your taxes go.  It is two years old, but still should give you an idea.  Understanding how your money gets spent is the foundation to understanding how to help solve the problem for our future.  Pay close attention to the net interest line.  In the President’s proposed 2016 Budget, that line item will be more than the national defense line item by 2021.

Adding to our deficit every year will take away from all programs (whatever you support).  When words are used like decreases deficit, or keeps spending flat, or the other numerous buzz words used, it is important to understand that most of the time they calculate those metrics as a percent of GDP.  In real terms, the deficit will increase, spending will increase, and taxes will increase as foretasted by the President.  Don’t take my word on it though, do what 99% of the rest of the people don’t do, read the 2016 budget tables and see for yourself.

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