Singar comments on in Australia, when we pay taxes, we get a receipt. The receipt shows what our taxes were spent on

in Australia, when we pay taxes, we get a receipt. The receipt shows what our taxes were spent on (lemmy.world)

submitted 3 years ago by Agent641@lemmy.world to c/mildlyinteresting@lemmy.world

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I assume "Other purposes" is govt kickbacks to mining and gas companies 😬

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[–] Singar@citizensgaming.com 18 points 3 years ago (7 children)

I get one from the US gov. It looks like:

Military spending ======================== Other =

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[–] nuke@yah.lol 10 points 3 years ago* (4 children)

https://en.wikipedia.org/wiki/Expenditures_in_the_United_States_federal_budget

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[–] gornar@lemmy.world 6 points 3 years ago

I love that tiny wee slice of corporate income tax compared to personal

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[–] Virgo@lemmy.world 5 points 3 years ago

Makes me want to calculate what goes where in my taxes based off these percentages, even if it’s not the most accurate

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[–] dragonflyteaparty@lemmy.world 1 point 3 years ago

Interesting that the Medicare has a note that the amount includes offsetting receipts like premiums.

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[–] Virgo@lemmy.world 1 point 3 years ago

Makes me want to calculate what goes where in my taxes based off these percentages, even if it’s not the most accurate

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[–] ChickenLadyLovesLife@lemmy.world 7 points 3 years ago (1 child)

My favorite thing about budget breakdowns in the US is how often pundits list defense spending as a percentage of GNP (gross national product) rather than as a percentage of the annual budget. Nothing else in the budget ever gets this kind of favorable treatment (which makes it appear smaller than it actually is) except sometimes debt service.

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[–] TyrionsNose@lemmy.world 0 points 3 years ago

I don’t think that’s favorable treatment. Defense is 3%. Social Security is 5%. Medicaid and Medicare is also 5%.

We can afford our defense budget and make the country better for the common person by utilizing our funds more efficiently and/or moving to universal healthcare.

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