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пятница, 8 апреля 2011 г.

99. Taxes in the US: Where and How much?

Recently I have come across some information that I thought would be valuable to share with my readers. Not only will this bit enlarge your vocabulary, but it will also introduce you to the tax system in the United States, in particular how much an average American pays taxes and where this money goes. The information was originally presented by David Kendall and Jim Kessler and can be found on thirdway.org and in the February 2011 Reader's Digest issue (p. 76).

According to the 2009 statistics, a US taxpayer receiving a median income of $34,140 a year pays $5,400 in federal income tax and FICA (Federal Insurance Contributions Agreement). The money is distributed between the following institutions and offices:


  • Social Security $1,040.70
  • Medicare $625.51
  • Medicaid $385.28
  • Interest on the national debt $287.03
  • Combat operations in Iraq and Afghanistan $229.17
  • Military Personnel $192.79
  • Veterans benefits $74.65
  • Federal highways $63.89
  • Health-care research (NIH) $46.54
  • Foreign aid $46.08
  • Education funding for low-income K-12 students $38.17
  • Military retirement benefits $32.60
  • Pell Grants for low-income college students $29.75
  • NASA space program $28.09
  • Internal Revenue Service $17.69
  • Environmental cleanup (EPA) $11.67
  • FBI $11.21
  • Head Start $10.91
  • Public housing $10.50
  • National parks $4.27
  • Drug Enforcement Administration $3.14
  • Amtrak $2.23
  • Smithsonian Museum $1.12
  • Funding for the arts $0.24
  • Salaries and benefits for members of Congress $0.19
Do you find anything surprising on this list?

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