federal income taxes

Nearly two-thirds of U.S. companies and 68% of foreign corporations do not pay federal income taxes, according to a congressional report released Tuesday.

National Priorities Project has a great website that illustrates how your money is spent by the federal government on a state by state average.

The biggest finding?

For every $42 we spend on the military, we spend $4.40 on education. Not only that, the debt we pay on the money we borrow to spend on the military makes up nearly 1/4th of the $42, or $10.

So the reality is where we’re spending more than 2 times on military debt than we do on our education system.

Something is wrong here folks.