Interesting report on where I thought my tax dollars went

In 1984 a commission called The Grace Commission produced a report for the administration in reply to "a directive to identify and suggest remedies for waste and abuse in the Federal Government." [in regards to tax dollars.]

Here's an excerpt from the report:
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Resistance to additional income taxes would be even more widespread if people were aware that:

* One-third of all their taxes is consumed by waste and inefficiency in the Federal Government as we identified in our survey.

* Another one-third of all their taxes escapes collection from others as the underground economy blossoms in direct proportion to tax increases.

* With two-thirds of everyone's personal income taxes wasted or not collected, 100 percent of what is collected is absorbed solely by interest on the Federal debt and by Federal Government contributions to transfer payments. In other words, all individual income tax revenues are gone before one nickel is spent on the services which taxpayers expect from their Government.
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As of this writing 100% of the income taxes you pay each week from your paycheck go to pay the interest on the national debt to the privately owned Federal Reserve Bank. Not to the roads, or the schools, or anything else. It looks like all money spent on federal programs is borrowed, not paid for by our taxes. That changes a lot of arguments I've heard...