georgephillip
Diamond Member
- Dec 27, 2009
- 43,767
- 5,202
What about Raytheon and Halliburton?What do the pay for?Income taxes don't pay for any of that.
"Last year, the three biggest federal budget items were Social Security, health care and defense spending each of which ate up about $200 of your $1,000 weekly paycheck.
"Even though you may not have health insurance, about $219.40 of every $1,000 of your taxes went to pay for health care last year.
"On an annual salary of $52,000, that works out to $11,408.80 a year. The biggest chunk of that ($124.20 per thousand) went to pay for Medicare, which provides health coverage for people over 65.
"The rest ($95.20) went for Medicaid, which covers low-income families and individual, and state administered health coverage for children."
Big Pharma and Private Insurance Profits?
Where do my income tax dollars go? - Business - Answer Desk | NBC News
The previous post referred to "all of the government services that protect you and provide you with the infrastructure to live and work." Those things are normally provided by state and local government, not the federal government. That later does very little to make this country function. It mostly just loots us for the benefit of useless ticks on the ass of society.
The Pentagon?