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N.D. (NewsDakota.com) – Taxes are on the minds of many North Dakotans with today’s tax filing deadline, and a new analysis examines where exactly federal income tax dollars go.
The National Priorities Project crunched the numbers, and research director Lindsay Koshgarian says out of every federal income tax dollar paid in 2014, 27 cents went to the military, 26 cents went to health programs and 15 cents went to interest on the federal debt.
The National Priorities Project shows eight cents was spent on unemployment and labor and five cents on veterans’ benefits, which Koshgarian says left the remaining pennies for food, agriculture, transportation, housing and programs involving energy and the environment. Almost half of all federal revenue comes from individual income taxes.