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A Federal Tax Receipt
A Federal Tax Receipt
Jan 8, 2025 12:12 AM

There’s an old saying to the effect: “Show me a man’s checkbook and I’ll show you what’s important to him.”

It may not be quite the same as a checkbook, but NPR’s Planet Money passes along what a receipt from the federal government might look like for an average taxpayer (HT):

As Third Way, who put together the taxpayer receipt, argues:

An electorate unschooled in basic budget facts is a major obstacle to controlling the nation’s deficit, not to mention addressing a host of economic and social problems. We suggest that everyone who files a tax return receive a “taxpayer receipt.” This receipt would tell them to the penny what their taxes paid for based on the amount they paid in federal e taxes and FICA.

From this receipt, what’s important to the federal government, and what does that say about our society?

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