Tax Season is Upon Us – We Supply the Money but We Can Only Influence How it is Spent in an Election Year

Jessica SarterSmall Business

Tax Season is Upon Us

Where does the money come from? According to the National Priorities Project (www.nationalpriorities.org.), the federal government is expected to collect approximately $3 trillion in tax revenues for the 2014 fiscal year. Approximately 80% of this comes from individual income taxes (46%) and payroll taxes (34%), 11% from corporate taxes and the balance from items like excise taxes and custom duties. … Read More