Contributing to the country's economy: that is the purpose of federal and state income taxes. People pay them every year, but many don’t realize where their money ends up. According to TurboTax, the three biggest expenses for the federal government include:
Major health programs (Medicare and Medicaid) Social security Defense and security Close to 23 percent of the federal budget goes into other categories of spending. If you want to see inv…
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Where do your taxes end up?
Contributing to the country's economy: that is the purpose of federal and state income taxes. People pay them every year, but many don’t realize where their money ends up. According to TurboTax, the three biggest expenses for the federal government include:
Major health programs (Medicare and Medicaid) Social security Defense and security Close to 23 percent of the federal budget goes into other categories of spending. If you want to see inv…