In the 2012 Presidential election a lot of debate has been centered on the spending of tax dollars; as a result, the 'Do You Know Where Your Taxes Go' infograph is the perfect chart to determine where you stand.
The graph smartly separates the costs into 3 different pies based on the ranges of the spending. In the smallest pie, the costs of the legislative branch, the judicial branch and the executive branch along with the interior make up the smallest portion of the federal budget. In medium section -- shaped as a quarter -- the standout costs are education, allowances, civil programs and housing and development.
However, almost none of these even compare to the costs of the final pie. With health and human services making up $881.4 billion and defense adding another $696.9 billion on top of that, those two alone make up well over $1 trillion dollars of the $3.6 trillion dollar budget.
Graphs like these are incredibly useful for prioritizing when it comes to election time and seeing where the current status quo is standing in regards to your values.
Economically-Savvy Charts
The 'Do You Know Where Your Taxes Go?' Infograph Gets Down to Business
Trend Themes
1. Clear Budget Visualization - Create infographics that provide a clear visualization of government budget allocation to help individuals understand where their tax dollars are being spent.
2. Prioritizing Spending - Develop tools and resources that assist individuals in understanding the priorities of government spending and how it aligns with their values.
3. Transparency in Government Expenditure - Promote transparency in government expenditure by providing easily accessible and comprehensible infographics or charts that breakdown spending categories and amounts.
Industry Implications
1. Data Visualization - The data visualization industry can leverage the demand for clear and informative infographics to create tools that help individuals understand complex budget data.
2. Government and Politics - The government and politics industry can utilize clear budget visualization tools to engage citizens, improve transparency, and facilitate informed decision-making on budgetary issues.
3. Education and Training - The education and training industry can develop educational resources and programs that teach individuals how to interpret and analyze government budget infographics in order to make informed political choices.