Thursday, April 21, 2011

Faux Conveniently Leaves Out Bank Bailouts, Corporate Free Rides, Wars And Israel

Government Cash Handouts Now Top Tax Revenues

"U.S. households are now getting more in cash handouts from the government than they are paying in taxes for the first time since the Great Depression.

Households received $2.3 trillion in some kind of government support in 2010. That includes expanded unemployment benefits, as well as payments for Social Security, Medicare, Medicaid, and stimulus spending, among other things.

But that’s more than the $2.2 trillion households paid in taxes, an amount that has slumped largely due to the recession, according to an analysis by the Fiscal Times.

Also, an estimated 59% of the 308.7 million Americans in this country get at least one federal benefit, according to the Census Bureau, based on 2009 data. An estimated 46.5 million get Social Security; 42.6 million get Medicare; 42.4 million get Medicaid; 36.1 million get food stamps; 12.4 million get housing subsidies; and 3.2 million get Veterans' benefits.

And the handouts from the government have been growing. Government cash handouts account for a whopping 79% of household growth since 2007, even as household tax payments--for things like the income and payroll tax, among other taxes--have fallen by $312 billion."

This is all part of the push to blame the economic bus plunge on you and me. If it weren't for ordinary citizens expecting their government to respect commonwealth and use tax money as revenue for quality of life , why, well, then everything would be fine, Buster. How dare the proles expect what they're due, when wars have to be fought for Israel and banks/corps profits need to be guaranteed?
One other thing - too many people are waking up to this rip off and I would expect the number of tax filings this year will be way down, meaning an ever greater amount of resources will go into punishment of transgressors for not paying fealty to a fascist state.


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