12-08-2011, 12:19 AM
Join Date: Apr 2008
Location: NEW ENGLAND!!!!!!!
Originally Posted by stanmrak
I have heard that not a single dime of our income taxes goes towards running anything. There are over 100 other taxes that pay for that.
Revenue from income tax all goes into 2 places:
1. paying interest on the national debt
2. A part of the defense budget called "Undocumentable Overages", basically a secret black hole to funnel money into.
What about this then? Tax Report: Where Do Your Tax Dollars Go? - WSJ.com