Taxes- How Does The Government Spend Money?

We all know that the money we pay in taxes goes to the government. However, has anybody ever asked what that money is being spent on? There is a number of Americans who truly don't know where their money goes. For example, 32% of American income taxes are spent on Human Resources; however, 20% is spent on past military, 31% is spent on the CURRENT military, while the other17% is spent on physical resources and general government.

Critique of GDP Podcast

Today I will review Mari & Jared's Podcast on the Gross Domestic Product. Their podcast has incredible content, both throughly explaining the GDP, while simultaneously adding their own little touch to spice up the podcast, and keep it interesting. The recording is loud, but not too loud, and completely clear, they made sure to have very good quality in their recording. The images used for the podcast were good, not off task at all and contributed greatly in keeping the listener tuned in. Mari and Jared's method of using pictures of themselves talking on the phone was brilliant. They made the podcast in the style of a phone call, which is one of those things where you have to go like "why didnt I think of that?". The podcast in general was very educational and funny to listen to, they did a really good job

Taxes-How Does The Government Get Paid?

There are a number of different taxes payed by Americans in the United States.

An Income Tax is determined by the amount of money earned by people annually. An Excise Tax is the tax determined by the manufacturing of certain goods and/or services. The Property Tax is the tax for the payer's possesions. A Sales tax is similar to an Excise tax in that it involves goods and services, only difference is that sales tax deals with general goods and services, while excise deals with specific ones.

The government gets paid from the taxes paid by the people of the country.

Student Loans...Beware

Ok, now student loans can be either very minor, or very troubling. They can be especially troubling when the price soars above the student's head in terms of budgeting their money. This guy, Rick Park, seemed to had fallen into a bad situation involving student loans. He even got assistance from his mother to pay off these loans, coming in at a huge $705 a month. However, that was simply because of the school he chose to attend in conjunction with his financial background, that Mr. Park caught a bad end of the deal. I personally think that student loans are, in a sense, double-edged swords. Simply because they can be very beneficial or very tragic depending on how your job's pay after college is. I do plan on taking out student loans, however, how I am going to go about doing that is still unclear to me