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Where Does Your Tax Money Go?

musclemom

I Told You So ...
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This is interesting. Apparently a synthesis of freely available information:

A person making $50,000 a year pays 10 cents a day in taxes for food stamps - Detroit liberal | Examiner.com

A person making $50,000 a year pays 10 cents a day in taxes for food stamps

If you were to ask 100 people how much they believed a married person with one child would pay in taxes, you'd likely get 100 different answers. Following that, if you asked them to explain the breakdown of where that tax money went, specifically to SNAP (formerly the food stamp program), it would be fair to assume nearly all would be unable to muster a coherent response.

Many people might be surprised to learn that the average contribution to the food stamp program is a little over 10 cents, or one thin dime, a day. Let's look at the numbers.

A married person with one child making $50,000 a year will pay exactly $3,820 in federal taxes. Of those, $2100 is allocated to Social Security, and $725 is distributed Medicare. This leaves a whopping $995 to be used to pay for programs administrated by the Federal government. That money is broken down below in its entirety:

National Defense $247.75 / 24.9%

Health care -- $235.81 / 23.7%

Job and Family Security -- $190.05 / 19.1%

Net Interest -- $73.63 / 8.1%

Veterans Benefits -- $44.77 / 4.5%

Education and Job Training -- $35.82 / 3.6%

Natural Resources, Energy, and Environment -- $19.90 / 2.0%

Immigration, Law Enforcement, and Administration of Justice -- $19.90 / 2.0%

International Affairs -- $15.92 / 1.6%

Science, Space, and Technology Programs -- $9.95 / 1.0%

Agriculture -- $6.96 / 0.7%

Community, Area, and Regional Development -- $4.98 / 0.5%

Response to Natural Disasters -- $3.98 / 0.4%

Additional Government Programs -- $78.61 / 7.9%

The category needed for examination is "Job and Family Security", which comprises 19.1% of all of the $995 paid in. In the future I will examine other categories in more detail. The breakdown of the $190.05 is listed below:

Unemployment insurance -- $22.88 / 2.3%

Food and nutrition assistance -- $36.82 / 3.7%

Housing assistance -- $19.90 / 2.0%

Earned income, Making Work Pay, and child tax credits -- $32.84 / 3.3%

Supplemental Security Income -- $18.91 / 1.9%

Federal military and civilian employee retirement and disability -- $43.78 / 4.4%

Child care, foster care, and adoption support -- $5.97 / 0.6%

Temporary Assistance for Needy Families -- $6.96 / 0.7%

Railroad retirement and additional income security -- $4.98 / 0.5%

As is evidenced above, despite a person paying $191.05 for "Job and Family Security", only $36.82 of that is going towards "Food and nutrition assistance."

Therefore, a married person with one child who makes $50,000 a year will pay $36.82 in taxes to ensure the food stamp program is fully funded. But wait, there is more. That $36.82 is not only for food stamps. Indeed, that money is allocated to two other programs that include the school lunch program, and the special supplemental food program for women, infants and children. Keep in mind, this comprises the totality of the costs associated with the program including administrative.

The breakdowns for how the $36.82 is allocated is not readily available, but do the math.

$36.82 divided by 365 days = 10 cents a day.

Consider the context. A person who is paid $50,000 a year earns, on average, $136 every 24 hours. Meaning that in a little over six hours, in the example where a person is paid for every hour of their life in perpetuity, that person would be able to pay for their entire yearly contribution to ensure that hungry people are fed.

By the way if you are curious as to what percentage 10 cents is while being compared to $136 a day the number is: 0.0735%

All of this information, and more, is freely available to the public and can be found on The White House's official website http://www.whitehouse.gov/2011-taxreceipt
 
Oh this is from the Obama whitehouse? During a tight election year? Completely unbiased info, of course. Since the tax code is so convoluted and its impossible to trace any given dollar to its end governmental user, its impossible to verify any of it. Completely reliable of course

This is the same website that gratuitiously inserted Obama accomplishments and references into each of the official former presidents biographies on the website.
 
Oh this is from the Obama whitehouse? This is the same website that gratuitiously inserted Obama accomplishments and references into each of the official former presidents biographies on the website. Completely reliable info, of course.
Okay, we get it, you loathe Obama and don't believe anything published by the White House.

Romney creeps me out, majorly fucked up body language (anyone I know who can read body language feels the same way), reminds me of Bush only more plastic. Like a pervy old uncle who keeps asking you to sit on his lap crossed with a used car salesman ...

Oddly enough, I absolutely disagree with his running mate's political/moral ideologies but he seems sincere.
 
Oh this is from the Obama whitehouse? During a tight election year? Completely unbiased info, of course. Since the tax code is so convoluted and its impossible to trace any given dollar to its end governmental user, its impossible to verify any of it. Completely reliable of course

This is the same website that gratuitiously inserted Obama accomplishments and references into each of the official former presidents biographies on the website.

You really think that the amount of government spending on each one of those line items isn't possible to know? ha.


Good post musclemom!

So apparently, defunding Planned Parenthood and NPR isn't going to solve the debt problem :FRlol:

Can't touch that Military though. And we sure can't make a millionaire give up one extra $1000 bottle of wine!
But those republicans are sure serious about the debt!
 
Dislike of Obama doesnt mean liking of Romneybot. Theres that binary thinking again.
Nobodys serious about debt
"Raygun proved deficits dont matter"- Dick Cheney
 
It's a turd or a shit sandwich.. you have to pick one..

and i don't like the taste of this type of change.. give me cheap energy..
 
10 cents is a lot of money considering many on food stamps just ride the system. Needs to be order DRUG tests for ANY state/federal money recipient. Not to mention many that collect food stamps/wick/lining etc also collect Social Security Disability at such a young age from Bing lazy or fat....back problems etc. We pay plenty to the bottom dwellers, IF IT'S NEEDED AND SOMEONE IS TRYING to get back up all good. But majority of people collecting play the system....
 
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