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Tax Day: Where does your money go?
Tax Day: Where does your money go?
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Filed your taxes? You have until midnight to mail or file your federal income tax return. Writing a check to the U.S. government may make you wonder where all the cash goes. In fiscal year 2012, the U.S. took in $2.4 trillion in taxes, $1.1 trillion (45 percent) of that in income taxes. Social Security taxes account for about $841 billion (35 percent), corporate income taxes for $237 billion (10 percent) . That's a lot of money, but the government spent $3.5 trillion, for a projected deficit of more than $1 trillion.
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Credit: Miguel Martinez-Jimenez/AJC
PHOTOS: Capitol lights up for Christmas holidays
Gov. Brian Kemp, family and others gather to light the capitol Christmas tree on Monday, Dec. 8, 2025. The ceremony featured Spelman Glee Club.
Credit: Miguel Martinez-Jimenez
PHOTOS: Falcons fall again Sunday, this time to Seahawks
The Atlanta Falcons lost to the Seattle Seahawks on Sunday, 37-9, at Mercedes-Benz Stadium. The loss clinched an eighth straight losing season for the Falcons.
Credit: Jason Getz / Jason.Getz@ajc.com
PHOTOS: Georgia crushes Alabama to win SEC championship
The Georgia Bulldogs dominated the Alabama Crimson Tide in Saturday's SEC Championship Game, coming away with a convincing 28-7 victory at Mercedes-Benz Stadium.
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PHOTOS: Georgia prepares for SEC Championship Game
The Georgia Bulldogs and coach Kirby Smart prepare to take on Alabama in the SEC Championship Game Saturday.
