There's one thing all Americans have in common: taxes. Where exactly do our tax dollars go? How does the US government spend our money? Here's a breakdown. Learn More: Your 2013 Federal Taxpayer Receipt http://www.whitehouse.gov/2013-taxreceipt "In his 2011 State of the Union Address, President Obama promised that, for the first time ever, American taxpayers would be able to go online and see exactly how their federal tax dollars are spent. " How Your Tax Dollars Are Spent http://www.cnbc.com/id/26941466/page/ "Do you know where your federal income-tax dollars go?" 15 Facts About Military Spending That Will Blow Your Mind http://www.businessinsider.com/military-spending-budget-defense-cuts-2011-10?op=1#ixzz3DWuKCmMv "As the economy has tanked, the banks have been bailed out, and America lost its jobs, the defense budget continues to grow." Where Does All The Money Go? http://www.heritage.org/federalbudget/where-did-your-tax-dollar-go "In 2013, the major entitlement programs - Social Security, Medicare, Medicaid, and other health care consumed 49 percent of all federal spending. These programs, and interest on the debt, are on track to consume an even greater share of spending in future years, while the portion of federal spending dedicated to other national priorities will decline." Where Do Your Income Tax Dollars Go? http://fcnl.org/assets/flyer/FCNL_Taxes13_final.pdf "For each dollar of federal income tax we paid in 2013, the government spent about..." Where Did My Tax Dollars Go? https://www.nationalpriorities.org/blog/2014/03/25/where-did-my-tax-dollars-go-tax-day-2014/ http://www.forbes.com/sites/kellyphillipserb/2014/04/17/where-does-the-money-go-check-out-your-federal-taxpayer-receipt/ "It's that time of year. Taxes are due on April 15. But where do our tax dollars actually go? Here's the answer..." Subscribe! _________________________ TestTube's new daily show is committed to answering the smart, inquisitive questions we have about life, society, politics and anything else happening in the news. It's a place where curiosity rules and together we'll get a clearer understanding of this crazy world we live in. Watch more TestTube: http://testtube.com/testtubedailyshow/ Subscribe now! http://www.youtube.com/subscription_center?add_user=testtubenetwork TestTube on Twitter https://twitter.com/TestTube Tara Long on Twitter https://twitter.com/TaraLongest Trace Dominguez on Twitter https://twitter.com/TraceDominguez TestTube on Facebook https://facebook.com/testtubenetwork TestTube on Google+ http://gplus.to/TestTube Download the New TestTube iOS app! http://testu.be/1ndmmMq

• published: 18 Sep 2014
• views: 63950