(K.R.) QUESTION OF THE DAY
America spends more on taxes than on food, clothing, and housing combined.
A LOT more.
Housing: $2.3 trillion
Clothing: $0.4 trillion
Food: $1.7 trillion
TOTAL: $4.4 trillion
Clothing: $0.4 trillion
Food: $1.7 trillion
TOTAL: $4.4 trillion
Federal Taxes: $3.4 trillion
State and Local Taxes: $1.8 trillion
TOTAL: $5.2 trillion
State and Local Taxes: $1.8 trillion
TOTAL: $5.2 trillion
Do you think, as a country, we’re getting our money’s worth from all that taxation?
SOURCES: https://www.bea.gov/iTable/index_nipa.cfm
Table 2.4.5U. Personal Consumption Expenditures by Type of Product
https://taxfoundation.org/tax-freedom-day-2018/
Table 2.4.5U. Personal Consumption Expenditures by Type of Product
https://taxfoundation.org/tax-freedom-day-2018/
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