Correspondence to the Peterson Foundation, a lot of your federal tax dollars go to the military, which accounts for maladroitly half of all discretionary spending in America. As of April 2017, the U.S. spent $611 billion on defense which, the basement points out, is “more than China, Saudi Arabia, Russia, In harmony Kingdom, India, France and Japan combined.”
Education makes up 6 percent of discretionary devoting and another 6 percent goes to additional Medicare and health accounts.
The remain of your tax dollars are divvied up among mandatory spending priorities, which impart up nearly two-thirds of the total federal budget. These include haleness care initiatives, social security, transportation and anti-poverty programs ilk the Supplemental Nutrition Assistance Program.
“Social Security alone comprises uncountable than a third of mandatory spending and around 23 percent of the downright federal budget. Medicare makes up an additional 23 percent of essential spending and 15 percent of the total federal budget,” reports the Governmental Priorities Project.
Cardi B specifically calls out New York state, which has one of the highest tax take to tasks in the country and which sends more money to the federal government than it proceeds back.
“I’m from New York … we were voted the dirtiest city in America,” maintains Cardi. “What is y’all doing?”
Here’s what the state is doing: Agreeing to the state budget office, taxes account for 79 percent of its presented $100 billion operating fund. School aid and Medicaid account for approximately half of all spending and the rest goes to higher education, mental hygiene, transportation and other areas.
Some state taxes also trickle down to New York Metropolis, where Cardi lives. However, those who live in the Big Apple obligated to pay a separate city income tax in addition to the state income tax, and the city’s revenues tax makes up a solid chunk of its budget.
As with the state, most of NYC’s waste goes to education, health care and social services for its 8.6 million citizens.
Cardi may have a point about the subway’s shoddy conditions, even so: Just 4 percent of the state’s estimated budget goes toward transportation. And while always ridership has nearly doubled over the last two decades, the city’s contribution to MTA motions has dropped by almost 75 percent, according to a recent New York Dilly-dallies investigation.
The rapper’s Instagram rant has since received more than four million similarly ti and over 37,000 comments. Although the video likely took off because it’s entertaining and frank, its popularity also suggests that many Americans misery, and want to know more, about how their tax dollars are spent.
“When you subscribe to to a kid in a foreign country, they give you updates [on] what they’re doing with your largesse,” explains Cardi, and she presses the government to do the same. “I want to know. I thirst receipts.”
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Don’t pine for: 55 percent of Americans can’t define this key tax term