Market Overview

How Your Tax Money Is Spent

How Your Tax Money Is Spent

Who takes the biggest cut of our tax money?

The military, according to an infographic from the National Priorities Project.

The average tax payer in the United States paid $11,715 in taxes in 2013, the research organization says. Each person gave about $3,174.25 for the military, which includes $81.50 for nuclear weapons.

After military is healthcare costs, unemployment and veteran benefits. Energy and the environment received roughly $217.25 from each taxpayer, while science received the smallest portion of our taxes with only $131.29. More than ten times that amount came out of each of our taxes to pay the interest on our national debt -- $1,624.68.

Check out the full infographic below:


Posted-In: energy environment healthcareGovernment News Politics Personal Finance General Best of Benzinga


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