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The largest portion of our taxes does not go to defense spending. It goes to entitlements.
by arkis22 8y ago
The largest portion of our taxes does not go to defense spending. It goes to entitlements.
- wmeredith 8y agoAbsolutely. 62% of the budget goes to social security, Medicare, and Medicaid. The rest is discretionary spending and a bit more than half of that goes to “defense”. Source: https://www.thebalance.com/u-s-federal-budget-breakdown-3305789 https://www.thebalance.com/u-s-federal-budget-breakdown-3305...
- adventured 8y agoThat's just the federal budget. US taxes & spending include local + state + federal. Leaving off the other $3.x trillion in taxation & spending, nearly an entire other federal government, paints a very incomplete picture. The military is 10% of all government spending in the US. Total government spending is around $7.2 trillion for 2018.