The White House on Wednesday rolled out an updated version of a calculator that allows you to compute your "taxpayer receipt." You plug in your income tax, Social Security tax, and Medicare tax, and it spits out a detailed breakdown of how that money is spent.
"It's a terrific way to get people information about where their tax dollars are actually going," Obama told CBS MoneyWatch at a small gathering of financial journalists Wednesday. "We think that the more people know, the better they'll be able to judge the debates that are taking place in Washington with respect to how do we pay down the deficit, how do we reform the tax system, and so forth."
1 comment:
More smoke and mirrors.. They spend/give the money any way they want by using "creative accounting" and "borrowing" from funds like social security or transportation. Where do you think O'Malley learned his tricks??
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