This infographic shows how our annual federal budget is divided up. Definitely worth taking a look at!
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It is amazing that we have all this spending, yet the amount of taxes that the federal government takes in each year are no where near the amount we need to pay for all the spending! Imagine if we closed some of the tax loop holes and collected more of the back taxes owed by citizens! We might actually give our children a decent future!
ReplyDeleteI agree, we definitely have to change our spending habits if we want to get out of this financial situation. Thanks for the comment, Eliza!
ReplyDeleteGreat post and infographic Greg! I know my attorney was a huge help for me a lot when I needed irs tax help last year. Thank you for sharing this with us!
ReplyDeleteNo problem! Hope you have a great week!
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