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Articles from prior issues of The Advocate
March/April 2000
Where The Federal Government Gets A Typical Dollar And
Where It Goes
taken from The Associated Press, February 7, 2000
Each dollar of income:
Individual income taxes, 48 cents; Social Security, Medicare and other payroll taxes, 34 cents; corporate income taxes, 10 cents; excise taxes, 4 cents; other, 4 cents.
Of each federal dollar, 91 cents goes to spending and 9 cents to a surplus designated for protecting Social Security and for debt reduction.
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