4.16.2009

Your Federal Tax Dollars

Here's a fascinating graphic depicting the allocation of federal tax dollars (your money) within the federal government. 

I suppose it's only fascinating if you take the time to look around- otherwise it might just be kind of confusing.

A few things that I found interesting: 
1. Senators are going to receive an 11% pay increase with the proposed budget for 2009. (The Cost of Living Adjustment (COLA) by which most people receive raises is set at 3%, maybe 4%).
2. House Representatives are going to receive a 13% pay increase. 
3. For every billion dollars that the government spends, every tax payer has to pay $4. Keeping in mind that the proposed budget is $3.6 trillion, every tax payer has to pay approximately $14,400. Just for next year. Now obviously, those of us in the truly middle class won't pay this much, but I point this out to raise the awareness of just how much money our government is spending each year.

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