Check Your "Tax Receipt" To See Where Your Money Is Going

Here’s one receipt you might want to have checked… Even though today isn’t offically “Tax Day” (that’s been moved to April 18 this year), the White House has gotten into the spirit with its online “Federal Tax Receipt” calculator that intends to show you where your tax money is being spent.

It’s pretty simple. Go to, enter the amount you paid into the boxes (or select from a drop-down menu of income ranges), hit “Calculate Receipt” and voila!

The calculator breaks down your federal tax money — including Social Security and Medicare taxes — into more than a dozen categories, most of which are expandable to show spending within the category.

What do you think about the disbursement of your tax dollars? Tell us in the comments.

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