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The four largest expenditures are Defense spending, Medicare, Social Security, and Interest payments on the national debt. These account for over two thirds of the entire federal budget.

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Q: What do federal taxes pay for?
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Related questions

What taxes do puerto ricans pay?

they pay American federal taxes


How much taxes do you have to pay on $600.00?

How much federal taxes do you have to pay on $600?


Why should Americans pay federal taxes?

Taxes pay for roads, schools, and the military.


Do people in Alaska pay taxes?

People in Alaska pay state and federal taxes.


Why do people pay federal taxes?

People must pay federal taxes in order to provide funding for Congress, the Supreme Court, and the Presedent and other executives. The need the money in order to pay workers or carry out federal laws. Also, we have to pay state taxes to pay our governer and other local legislatures. So we have to pay both federal and state taxes and if you don't, your in trouble. (:


Who do you pay your taxes to?

Federal taxes are paid to the Internal Revenue Service.


How much money does the federal government spend on court taxes?

The federal gov doesn't pay taxes


Which federal employees pay taxes and which do not?

monkeys


Do federal employees pay taxes?

Yes.


Why were taxes created in America?

Taxes were created to fund the military and create jobs within the government. Revenue from state sales taxes pay for jobs within the state, property taxes pay for public education, and federal taxes pay for the military and those employed by the federal government.


If you're a tax exempt organization do you pay federal taxes?

You would pay taxes on Unrelated Business Income.


Do states pay into federal aid?

Yes, when you pay taxes a part of that goes to the Federal Government. Which technically you are paying for Federal Aid.