Sunday, April 13, 2014

WSJ: As Tax Day Nears, Where Does Your Money Go?

Three nonprofit groups help answer that and other questions of interest to taxpayers -- Where does your money go? Loren Adler, research director at the Committee for a Responsible Federal Budget offers a breakdown, which shows how $100 of revenue was allocated among spending programs in fiscal year 2013. Please note that last year's figures do not include the cost of changes under the Affordable Care Act, which Mr. Adler estimates will come to about 6% of spending when they are fully phased in.

Read more and see the "tax receipt" graphic by the Committee for a Responsible Federal Budget at Wall Street Journal

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