Tax Day receipt shows how the government's spending your money - CBS News 8 - San Diego, CA News Station - KFMB Channel 8

Tax Day receipt shows how the government's spending your money

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SAN DIEGO (CBS 8) - If you're curious about how your federal tax dollars are spent, President Obama says he has an answer for you. The White House says for the first time, American taxpayers can go online and get a tax receipt.

Many people we talked to Monday feel like they put their money in the mailbox and it's some sort of black hole. President Obama's trying to change that. Obama wants to slash the nation's deficit by $4 trillion over the next 12 years, and he picked tax season to get his message out.

Most of the mailbox moaning we heard Monday focused on what tax filers call the government's lack of accountability.

"I don't think we get a complete picture of what is going on to be quite honest with you," a filer said.

That is something the President says he wants to change, which is why the White House has launched a new website. The site says its goal is to help you understand how and where your tax dollars are being spent. If you take your W-2 and type in the taxes you paid, the website will calculate your receipt.

For the sake of this story, let's assume that you and your spouse make about $80,000 a year, have a couple of kids and a tax-deferred retirement plan. National defense tops the list for most tax dollars spent at 26 percent, so your family pays about $1,000 a year. The next highest category is health care at 24 percent. Your family's share is $938, followed by social services at nearly 22 percent, about $846 a year. As you click you can scrutinize every dollar, including $46 for science and space and $15 for responses to natural disasters.

"A lot of it goes to bureaucracy and programs that we do need and some, in my opinion, that we don't," a filer said.

If you think the White House has its own agenda, a think tank called Third Way has launched a tax receipt website. There's also a site called What We Pay For, as well as the State of California's own version that shows you dollar for dollar how lawmakers slice up the pie.

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