Interactive Calculator Shows You Exactly Where Your Taxes Go

Recently, ONE, a nonprofit group that fights global poverty, unveiled an interactive tool that enables users to see how much they pay in taxes, and where that money goes. Here it is: 


According to ONE, a single taxpayer, making the average household income of $49,445, pays $8,486 in taxes before exemptions. Of that, the biggest chunk, over $1,740, goes to Social Security and $1,082 goes to Medicare. The other big expenditures are similarly unsurprising: defense spending eats up $1,601 and unemployment insurance eats up $1,295.


Click here to go to the page and use the calculator...