where your taxes go

Let’s say I was an American, single, earning $50,000 / year.

One scenario:

I pay about 20% in taxes: $10,013.

This is unsustainable. The USA must increase taxes AND cut spending.

But where do you cut?

Graphic via datavizchallenge.org.

… Of course that’s hypothetical. I earn far more than than $50,000. 🙂

One thought on “where your taxes go”

Dana

You can’t raise taxes, it is unAmerican. It is against their religion down here. We simply must find a way to continue to be entitled to everything we want for little or no money. Don’t you know anything Rick?!

February 28, 2011 at 10:44 am Reply