Missiles manufactured by Lockheed Martin are displayed during the Association of the United States Army Annual Meeting and Exposition in Washington, D.C., on October 13, 2014.The average U.S. taxpayer in 2022 spent over four times as much on Pentagon contractors than on primary and secondary education, according to the annualpublished in recent days by the Institute for Policy Studies’ National Priorities Project.
NPP found that, on average, American taxpayers contributed $1,087 to Pentagon contractors, compared with $270 for K-12 education. The top military contractor — Lockheed Martin — received $106 from the average taxpayer, while just $6 went to funding renewable energy.
The annual analysis shows how individual income taxes — the portion withheld from workers’ paychecks — were spent in 2022. It does not include corporate or individual payroll taxes that fund Social Security and Medicare. To determine what constitutes the average tax bill, NPP divided the total amount of federal income tax collected by the number of applicable returns filed.
Source: Education Headlines (educationheadlines.net)
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