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Keyword: individualpayments

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  • Where your taxes all go

    09/30/2010 1:51:41 AM PDT · by Scanian · 18 replies
    NY Post ^ | September 29, 2010 | Editorial
    If you think the federal taxes you pay go to the run the fed eral government, think again. This year, every dime (and more) that the feds collect is going out in payments to other people. That is, Washington is redistributing even more wealth than it takes in. With every dollar the feds collect from the "Peters" going to the "Pauls," and then some, nothing is left to pay the more than 2 million federal civilian employees, the armed forces or otherwise run the government. The White House Office of Management and Budget calls the category "Payments for Individuals." It...