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News Link • Voting and Elections

A Reason Not to Vote

•, by Stephen Nichols
Take a moment to review this chart of some recent family spending:

Notice anything big that sticks out there? Yeah, me too. Taxes! Our single largest monthly expense is federal income taxes. I'm self-employed, so my family has the joy of cutting a check to the federal government every month to the tune of about $2,800.

By comparison, we spend only $1,268/month on our mortgage. Our federal income tax liability is 2.2 times our housing costs!

I took some time recently to break down what that $2,800 per month is spent on by the federal government. I computed these numbers by looking at the budgeted expenditures of the federal government in 2012 and applying the categorical spending percentages to my monthly expense (source: ). 

1 Comments in Response to

Comment by Anon Patriot
Entered on:

IF you live in CALIFORNIA - VOTE YES! ON PROP 37!  (It doesn't matter who you "vote" for, for President - just be sure to VOTE YES! ON PROPOSITION 37!)

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