Scribd Logo
Upload

Welcome to Scribd!

  • Amount: Taxpayer's Monthly Government RECEIPT

    Uploaded by

    Conservative Review
    329 views1 page
    In July 2015, the U.S. government collected $114.6 billion in taxes from taxpayers. Total tax revenue for fiscal year 2015 was $1.27 trillion, with social security and retirement taxes making up $894 billion. The taxpayer's share of total government spending in March 2015 was $3,287, with the largest portions going to defense, social security, and Medicare. The taxpayer's deficit added to their tab for that month was $1,308.66.

    Original Description:

    Taxpayer's Monthly Government Receipt - What did your tax dollars pay for this summer?

    Original Title

    Individual Debt

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    In July 2015, the U.S. government collected $114.6 billion in taxes from taxpayers. Total tax revenue for fiscal year 2015 was $1.27 trillion, with social security and retirement taxes making up $894 billion. The taxpayer's share of total government spending in March 2015 was $3,287, with the largest portions going to defense, social security, and Medicare. The taxpayer's deficit added to their tab for that month was $1,308.66.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    329 views1 page

    Amount: Taxpayer's Monthly Government RECEIPT

    Uploaded by

    Conservative Review
    In July 2015, the U.S. government collected $114.6 billion in taxes from taxpayers. Total tax revenue for fiscal year 2015 was $1.27 trillion, with social security and retirement taxes making up $894 billion. The taxpayer's share of total government spending in March 2015 was $3,287, with the largest portions going to defense, social security, and Medicare. The taxpayer's deficit added to their tab for that month was $1,308.66.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    of 1

    Taxpayers Monthly

    Government RECEIPT
    (As of July 2015)

    T
    N
    U
    AMO

    E
    U
    D

    Total Bill:
    Total Public Debt:

    $13,074,036,284,486.00

    New Balance Owed:

    Total Taxes Paid

    $114,684.53

    July 2015

    YTD, FY2015

    $109,130,000,000

    $1,276,630,000,000

    Social Security & Retirement Taxes

    $78,581,000,000

    $894,374,000,000

    Corporate Taxes

    $10,615,000,000

    $266,068,000,000

    Other Taxes, Including:

    $27,167,000,000

    $235,342,000,000

    $3,406,000,000

    $29,189,000,000

    Individual Income Taxes

    Gas Tax (or Highway Trust Fund)

    Your March 2015 Share

    Your Total 2015 Share

    Defense

    $451.50

    $4,208.70

    Social Security

    $654.00

    $6,478.00

    Medicare

    $647.70

    $4,183.30

    Net Interest on Debt

    $241.10

    $1,836.10

    $1,292.40

    $10,819.90

    Congress (Legislative Branch)

    $3.10

    $31.10

    President (Executive Office, WH)

    $0.30

    $2.90

    Department of Education

    $120.30

    $650.30

    Food Stamps (SNAP)

    $55.40

    $557.20

    $5.10

    $48.60

    Dept. of Homeland Security

    $31.30

    $303.50

    Dept. of Housing and Urban Dev.

    $25.40

    $296.60

    Foreign Aid

    $2.70

    $160.50

    Environmental Protection Agency

    $6.20

    $48.80

    NASA

    $13.00

    $132.00

    Fed. Lands & Fed. Resources (DOI)

    $8.80

    $86.90

    Dept. of Transportation

    $66.00

    $512.70

    Dept. of Labor

    $28.30

    $329.70

    Judicial Branch

    $6.30

    $52.10

    Total Govt. Spending, March 2015:

    $3,287

    $27,525.90

    -$1,308.66

    -$4,083.68

    Total Government Spending

    Other, Including:

    Corps of Engineers

    Added to Taxpayer Tab (deficit)

    Fiscal Year (FY) begins on October 1st and Ends on September 30th
    Source: Monthly Treasury Statement, U.S. Department of Treasury
    https://www.fiscal.treasury.gov/fsreports/rpt/mthTreasStmt/mts0715.pdf (accessed September 1, 2015)
    Public debt: U.S. Department of Treasury, Debt to the Penny
    http://www.treasurydirect.gov/NP/debt/current (accessed September 1, 2015)
    Taxpayers: 114 million US Taxpayers, 2014

    for more information about government spending and YOUR


    share of the national debt, visit conservativereview.com

    You might also like