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None of those things are funded by Income Tax. Roads for instance are funded by gasoline taxes and other DoT levies. The income tax basically only funds: Inter
by _red 8y ago
None of those things are funded by Income Tax. Roads for instance are funded by gasoline taxes and other DoT levies.
The income tax basically only funds: Interest on the debt, and Entitlement programs (welfare, etc).
- mywittyname 8y agoRoads are federally funded from the general fund as well as from the insufficient gas tax. Entitlement programs like Social Security, Medicare, and Medicaid are funded mostly through individual line items, and slightly through indirect means, such as interest paid to the programs by their bond holdings. Income taxes fund so much. You can't say it "funds only ..." because it funds almost everything. Sometimes directly, such as the military, but often times, it's indirect, such as college professors who receive grants from the NSF.