Federal Income Taxes – What Are You Buying?
No one likes paying Federal income taxes, but most of us do like the things that those taxes provide. In our eagerness to complain about paying our taxes, we forget that there are some things that are necessary, such as roads and schools and defense, that are funded by those very taxes we hate paying. In an ideal world, we’d get all of those things from some fairy and wouldn’t have to pay for them out of our pockets, but we don’t live in that world.
Instead, we live in a country with more than three hundred million people and those people have needs that have to be met on a large scale. For that, we need the things that only Federal income taxes can provide, like it or not. In this blog post, we’ll look at the things that our Federal income taxes help provide, in order in which they receive the most funds. There won’t be many surprises on this list, really, but it is nice every now and again to take a look at what we’re buying with our hard earned money.