So now that your taxes are signed, stamped, mailed or e-filed, (and they are, right?) let's consider, for a moment, what happens to that money. While I don't like seeing the tax taken from my paychecks any more than the next person, it helps if I tell myself that a portion of my hard-earned funds is being used for the general good of the nation—things like education, housing for people who need it, and support for veterans.
Well, some of my tax money—and yours—is going to those things. But a whole lot more of it is going to defense and interest on the national debt, according to research from the National Priorities Project . For the average family, one-third of tax money goes to defense spending, and 90 percent of that total goes directly to the military (while only 3 percent is used for preventative measures.) Another 18 percent of your taxes go to pay interest on the ever-increasing national debt. The money going toward education? Less than 4 percent. And only 2 percent goes toward housing.
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