Any customer can go to the store and purchase milk and eggs and get a receipt and know exactly how much each item cost. But what is provided to taxpayers? Nothing.
For many Americans , the amount you pay in taxes is larger than any purchase you may make during the year (except perhaps if you buy a Boston condo from me), but studies show we know almost nothing about where the money goes to.
Do you think taxpayers should get a receipt so they know what they’re paying for? A think tank called Third Way thinks we should.
Below is a sample from the group. It includes federal income tax and FICA, and breaks it down to the penny where your tax dollars are going. The example below is a taxpayer earning $34,140.00 and paying $5,400 in federal income tax. Details are here.
Click on chart to view taxpayer receipt.