| Your American Tax Dollar... Where does it go? Is probably a question a good deal of us think about from time to time. If you often wonder how the money is being spent, and how much of it is going from your paycheck to our Uncle Sam. So, this section is dedicated to that purpose. To show folks an average of where tax dollars should be going, and how much. These are figures from 1999, but i'm sure they haven't changed that much. Though, due to the passing of the Tax Cut, it will differ when that starts to kick in. Now, this is a little long, but it's worth going through. And it might very well surprise you. |
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| Step One - Year 2000 Figures 1. There were 139.4 million people in the American Labor Force. (this includes the unemployed) 2. The American Unemployment rate was that of 4.2% 3. 139,400,000 * .042 = 5,854,800 (total amount of people on unemployment 4. 139,400,000 - 5,854,800 = 133,545,200 (total American labor force) www.odci.gov/cia/publications/factbook/geos/us.html#Econ |
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| Explanation of what is to come. 1. What it is our money is being spent on a. Running total of the total amount of money b. Amount that each working american pays for that particular cost by the year. c. Amount that each working american pays by the total amount. |
| 1. President Of The United States of America a. $400,000 b. $400,000 c. $0.003 d. $0.003 2. President - Spending Allowance *Note: I will divide this by 4 years to get the somewhat yearly amount (even though it is only given the first year). a. $12,500 (50,000 total) b. $412,500 c. d. $0.003 3. President - Personal Traveling Expense a. $100,000 b. $512,500 c. d. $0.004 *Note: This is just the salary. This does not include housing, feeding, transportation, and any other yearly bills such as electricity, water and so on that are accrued through the year. If i find these numbers i will post them as soon as possible. 3. Vice President of The United States of America a. $200,000 b. $712,500 c. $0.001 d. $0.005 **Note: Same as above, just the noted salary. |