Quigley Introduces Bipartisan Bill to Give Americans a "Tax Receipt"

Today, U.S. Representative Mike Quigley (IL-05), Co-Chair of the Transparency Caucus, introduced the bipartisan Taxpayer Receipt Act, legislation that would provide each American with an itemized tax receipt showing how taxpayer dollars are spent, as well as how much the federal government is borrowing in their name.

"Just as our grocery receipts keep us accountable for our purchases, a tax receipt will keep our government accountable for our federal spending," said Rep. Quigley. "This tax receipt will not only provide citizens with a better understanding of how their money is being spent, but move us towards more government transparency, giving power to the people and accessibility to the federal process."

The bill would provide a written receipt for those filing paper tax returns and an electronic receipt for those that e-file. The receipt would include a breakdown of each individual's contributions to Social Security, defense spending, Medicare, and other federal programs, as well as the total amount of federal debt and how much the federal government has borrowed per citizen.

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