(Photo: istockphoto)
Tax Day is almost here. As Americans all across the country finalize their tax filings, let’s take a look at where all those tax dollars go. Here are 9 charts from Heritage’s “Federal Budget in Pictures” covering federal spending, taxes, and debt:
1) Family Spending
2) Entitlement Spending
3) Interest on Debt
4) Public Debt
5) Corporate Tax Rates
6) Income Taxes
7) Debt Service Costs
8) Autopilot Spending
9) Income Taxes
Romina Boccia focuses on federal spending and the national debt as the deputy director of Thomas A. Roe Institute for Economic Policy Studies and the Grover M. Hermann fellow in federal budgetary affairs at The Heritage Foundation. Read her research.
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