The National Priorities Project just released new reports on where our 2008 federal tax money went. Of course, the biggest chunk went to military spending, at almost 50%.

From their website:

With this publication, taxpayers can take stock of how the federal government spent each 2008 income tax dollar: 37.3 cents went towards military-related spending (military and military-related debt), while environment, energy and science-related spending split 2.8 cents

Here is the breakdown for Florida

The median income family in Florida paid $3,832
in federal income taxes for 2008. Here is how
that money was spent:
Military $1,127 (29.4%)
Health $816 (21.3%)
Non-military Interest on Debt $456 (11.9%)
Military Interest on Debt $303 (7.9%)
Income Security & Labor $276 (7.2%)
Housing & Community $146 (3.8%)
Veterans’ Benefits $146 (3.8%)
Food $138 (3.2%)
Government $119 (3.1%)
Education $115 (3.0%)
Environment, Energy & Science $107 (2.8%)
International Affairs $46 (1.2%)
Transportation $38 (1.0%)

This entry was posted on Wednesday, April 15th, 2009 at 10:05 am and is filed under Articles. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.