WhiteHouse.gov has produced an online tool, the Taxpayer Receipt, and it’s fascinating. Simply put in how much you paid in federal taxes last year (income tax from your 1040, and Social Security and Medicare Taxes from your W-2) and this tool will tell you how much of your tax dollars were spent on various areas of government. Let’s just say, I was not happy with the results. Seriously, I spent that much on other people’s health care? On interest?!
I commend the White House for promoting transparency in this way. Taxpayers should know what they’re paying for with their tax dollars. But if you’re anything like me, you’re going to want your money back.
