Here’s the other piece of the tax facts puzzle (courtesy The Heritage Foundation).
Washington will spend $23,760 per household in 2006 — the highest inflation-adjusted total since World War II, and $6,500 more than in 2001. The federal government will collect $20,044 per household in taxes. The remaining $3,716 represents this year’s budget deficit per household, which, along with all prior government debt, will be dumped in the laps of our children.
The article then gives a breakdown of that $23,760 per-household spend.
Boy that’s a lot of money.
It sure is. Puts it in perspective to see what we spend on a per-household basis, doesn’t it?