Interactive Income Tax Receipt.

AuthorLaffie, Lesli S.

A new IRS service, Interactive Income Tax Receipt, allows taxpayers to determine how much of their tax dollars went to various government programs (e.g., national defense, Social Security, Medicare or unemployment benefits). Available at www.irs.gov/hot, a user enters in the window provided the total Federal income tax paid for 1999. Below is a sample of the results, using "12155" ($12,155):

Your dollar Percent is spent on Your share 6 Medicaid $ 729.30 11 Medicare 1,337.05 13 Interest payments 1,580.15 14 Unemployment, disability and...

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