5 Tax Day Truthbombs

5 Tax Day Truthbombs

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5 Tax Day Truthbombs

It's Tax Day. Whether you like it or not. But, even if you're not a fan of actually paying taxes, it's important to remember that taxes pay for the infrastructure that drives our ...

It’s Tax Day. Whether you like it or not.

But, even if you’re not a fan of actually paying taxes, it’s important to remember that taxes pay for the infrastructure that drives our prosperity — roads, bridges, public safety workers, Social Security, Medicare, and on an on.

We’ve collected 5 great infographics about how (and why) your taxes get spent on the state and federal level. Check them out below.

 

 

#1 | WHERE YOUR STATE AND LOCAL TAXES GO

SOURCE: New Mexico Fairness Project

SOURCE: New Mexico Fairness Project

 

#2 | LOW- AND MIDDLE-INCOME NEW MEXICANS PAY MORE THAN THEIR FAIR SHARE OF TAXES

SOURCE: Institute on Taxation and Economic Policy

SOURCE: Institute on Taxation and Economic Policy

 

#3 | “WE’VE GIVEN AWAY HUNDREDS OF MILLIONS OF DOLLARS IN TAX CUTS TO BIG CORPORATIONS [IN NEW MEXICO] OVER THE LAST FEW YEARS.” [OK, this one’s not an infographic, but it’s an important point and one worth spending 2 minutes of your time learning about.]

 

#4 | THE GOP-LED CONGRESS IS AGAIN TRYING TO REPEAL THE ESTATE TAX – A MOVE THAT WOULD ONLY BENEFIT THE RICHEST 0.2% OF AMERICANS. YEA, THIS IS WHERE REPUBLICAN PRIORITIES STAND.

SOURCE: Center for American Progress

SOURCE: Center for American Progress

 

#5 | INCOME DISTRIBUTION TODAY IS REMARKABLY SIMILAR TO THE CONDITIONS WHICH LED TO THE GREAT DEPRESSION. [Learn more at www.InequalityForAll.com]

SOURCE: http://inequalityforall.com/

SOURCE: http://inequalityforall.com/