[s2e2] Where Is Our Tax Money Going? May 2026

"The Tax Files" Season 2, Episode 2, features tax automation expert Maria Scott discussing the modernization of the tax industry. Federal data indicates that for FY2024, the majority of tax revenue is allocated to mandatory spending programs like Social Security (21%), health programs (24%), and defense (13%), based on analysis of federal spending. For a detailed breakdown of federal tax allocations, visit Center on Budget and Policy Priorities . Where Do Our Federal Tax Dollars Go?