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A Spreadsheet Breakdown
By Lon Jefferies MBA CFP
Click here for a calculator that shows you how the tax you paid in 2013 was spent.
Simply input the amount you paid in federal income tax in 2013 and you’ll see a breakdown of how your money was utilized.
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What would you cut in the budget?
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What areas would you spend more, or less, on?
Conclusion
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Filed under: Taxation | Tagged: Federal Tax Dollars, Lon Jefferies |
The Leading Business Education Network for Doctors, Financial Advisors and Health Industry Consultants 
Senate Bill Would Prevent Full Payment To Medicaid Providers With Tax Liabilities
Sens. Charles E. Grassley (R-IA) and Charles E. Schumer (D-NY.) have introduced a bill (S. 626) that would prevent Medicaid providers with tax liabilities from receiving full Medicaid reimbursements. The proposed Helping Ensure Life- and Limb-Saving Access to Podiatric Physicians (HELLPP) Act would authorize the secretary of the Department of the Treasury to levy Medicaid reimbursement payments to pay off a tax debt. Currently, Medicaid reimbursement payments can’t be garnished to pay a tax debt.
The bill, which was referred to the Senate Finance Committee, also would streamline Medicare coverage for therapeutic shoes for diabetic patients. It also would define a podiatrist as a physician under the Medicaid program.
Source: James Swann, BNA [3/18/15]
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