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Get Your Federal Taxpayer Receipt.




04/07/2012 - President Obama on the Federal Taxpayer Receipt. President Obama talks about the federal taxpayer receipt that his administration released to help the American people see exactly where their tax dollars are going.

04/06/2012 - Washington ( USA ) -
As a taxpayer, you have a right to know how your government invests your tax payment, and that's why President Obama created the Federal Taxpayer Receipt. Want to compare how much of your contribution in taxes goes towards education, foreign aid, or veteran's benefits?

For many millionaires, however, Tax Day isn't looming. In 2009, 1,470 people who made more than $1 million paid $0 in federal income tax. And President Obama thinks that needs to change.

That's why he's pushing for a very simple idea: Anyone who makes more than $1 million a year should pay at least the same percentage of their income in taxes as middle class families.

It's called the Buffett Rule, named after the well-known billionaire who believes he shouldn't be paying a lower tax rate than his secretary. If you want to learn more about the taxes you pay and the Buffett Rule, go to:

 

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