Any customer can go to the store and purchase milk and eggs and get a receipt and know exactly how much each item costs. 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 2009. Details are here.
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