What does the government do with your tax dollars? Provide a breakdown of the 20

Question

What does the government do with your tax dollars? Provide a breakdown of the 2005 Federal Budget Expenditures between defense, Social Security, Medicare, Medicaid, interest on national debt, and "other" expenses?
a) Excise taxes 3.39%; Social Insurance and retirement receipts 36.87%; corporate income taxes 12.92%; Individual income taxes 43.05%; other 3.37%
b) Excise taxes 12.92%; Social insurance and retirement receipts 36.87%; corporate income taxes 3.39%; Individual income taxes 43.05%; other 3.37%.
c) Defense 20.04%; Social security 21.17%; Medicare 12.08%; Medicaid 7.35%; Interest 7.44%; other 31.92%.
d) Defense 21.17%; Social security 20.04%; Medicare 7.44%; Medicaid 12.08%; Interest 7.35%; other 31.92%.

Explanation / Answer

b) Excise taxes 12.92%; Social insurance and retirement receipts 36.87%; corporate income taxes 3.39%; Individual income taxes 43.05%; other 3.37%. c) Defense 20.04%; Social security 21.17%; Medicare 12.08%; Medicaid 7.35%; Interest 7.44%; other 31.92%.

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