Photo: katmeresinIn 2010, the U.S. government took over $142 million from American families through individual income taxes alone, according to IRS data.
According to the Tax Foundation, a tax research group based in Washington, D.C., Americans worked from Jan. 1 through April 17 this year just to earn enough income to pay all the federal, state and local taxes they're legally bound to pay.
With so much money flowing into government coffers and Americans working so hard to fund government activities, you would hope that government officials were spending that money prudently.
In many cases, they aren't.
Rather than focusing on protecting Americans' safety and property rights through essential functions like national defense and the court system, the federal government is squandering your money on pet projects.
Learn about a few of them in my Investopedia article, Baffling Ways The Government Spends Tax Dollars.
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