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INCOME TAXES

INCOME TAXES. What does the U.S. government use my income taxes for?. Average Yearly Income. In United States. In Oklahoma. $38,250 You pay in taxes $3193 a year. $46,326. National Defense. You paid: $1030 or 17% of your taxes Army, Navy, Air Force, Marines – personnel

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INCOME TAXES

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  1. INCOME TAXES What does the U.S. government use my income taxes for?

  2. Average Yearly Income In United States In Oklahoma $38,250 You pay in taxes $3193 a year • $46,326

  3. National Defense You paid: $1030 or 17% of your taxes Army, Navy, Air Force, Marines – personnel Operation and maintenance Retirement Health care and research Combat operations

  4. Medicare and Medicaid You paid: $995 or 16% of your taxes Federal hospital insurance and prescriptions

  5. Income Security You paid: $980 or 16% of your taxes Unemployment, civil service retirement, supplemental nutrition assistance, military retirement, SSI, low rent housing, assistance for needy families, child nutrition programs.

  6. Social Security You paid: $909 or 16% of your taxes This goes to Old Age and Survivors benefits Disability insurance Trust fund.

  7. Net Interest Debt You paid: $545 or 10% of your taxes

  8. US national debt as of Jan 15, 2012 • The United States OWES $15,236,332,233,848.35 • Every man, woman and child in the United States currently owes $50,148 for their share of the U.S. public debt

  9. Health You paid: $507 or 8% of your taxes Medicaid National Institutes for Health Children’s Health Insurance Fund

  10. Veterans Benefits and Services You paid: $157 or 3% of your taxes Compensation and Medical services

  11. Education, Training, Employment, and Social Services You paid: $157 or 3% of your taxes Federal Pell Grants Special Education Head Start Funding for low-income k-12 students

  12. Transportation You paid: $114 or 2% of your taxes Highways - construction Bus grants Operations and expenses FAA Aviation security/TSA High Speed Railways Railroads- AMTRAK

  13. International Affairs You paid: $123 or 2% of your taxes Foreign military sales Diplomatic and consular Economic support Global health and child survival Foreign military financing International narcotics control and law Peacekeeping activities Embassy security Migration and refugee assistance Drug Enforcement Agency

  14. General Government You paid: $83 or 1% of your taxes Civil service disability and retirement Government salaries Internal Revenue Service offices Mineral leasing, Claims, judgments, Relief act Bonds.

  15. Allowances You paid: $74 or 1% of your taxes Jobs Bills Health Reform Future Disaster Costs

  16. Administration of Justice You paid: $73 or 1% of your taxes Customs and Border Protection Salaries of US Attorneys and U.S. Marshals FBI Immigrations and Customs Enforcement Citizenship and Immigration Services State and Local Law Enforcement Assistance

  17. Commerce and Housing Credit You paid: $61 or 1% of your taxes Censuses Program Postal service Business loans Mortgage Assistance

  18. Natural Resources and Environment You paid: $56 or 1% of your taxes Environmental Protection Agency National Parks – operation & upkeep Wildlife fire management National forest system, surveys and research

  19. General Science, Space, and Technology You paid: $40 or .5% of your taxes Science Space operations- NASA Exploration research

  20. Agriculture You paid: $32 or .5% of your taxes Crop insurance Commodity Credit Corporation Discrimination Claims Credit Salaries

  21. Community and Regional Development You paid: $30 or .33% of your taxes Disaster Relief Community Development Land Consolidation Operations of Native American Programs

  22. Energy You paid: $16 or .25% of your taxes Recovery Act Tennessee Valley Authority Energy efficiency Renewable energy sources. Salaries

  23. Miscellaneous .05% of your taxes • $1.12 goes to the Smithsonian Museum in DC • 24 cents goes to funding for the Arts • 19 cents goes to pay salaries and benefits for members of Congress.

  24. http://www.usdebtclock.org/

  25. http://www.wheredidmytaxdollarsgo.com/

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