Taxpayer Receipt: How the Government Spends Your Money?
This bill aims to increase transparency in government spending. If you file a federal income tax return, you will receive an annual statement showing exactly how your money was spent by the government. This will make it easier for you to understand how your taxes contribute to the functioning of the state.
Key points
Every individual filing a federal income tax return will receive an annual summary of government spending.
The summary will show how the taxpayer's money was used in the preceding year.
The goal is to increase citizens' awareness of how their tax dollars are spent.
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