This post was written by Will Ricciardella
MYTH: most of the federal government spending is on infrastructure, defense, education and helping the needy. Income taxes are not confiscatory because they benefit everyone. You consent to roads, bridges, waterways, military, research and all the other services government provides to create a more propitious atmosphere for a flourishing society.
REALITY: Only 25% of “payments to individuals” of the President’s 2017 budget is allocated towards medicare, housing, food stamps and welfare programs. 2.9 trillion out of a 4.1 trillion dollar budget, is for “payments to individuals.” Basically, the Feds cutting checks to people.
A majority of the redistribution (45%) is for programs geared towards the middle class such as: Social Security, student aid, Medicare benefits, federal employee pensions etc.
As recently as 1991, payments to individuals were less than 50% of the budget, and when Obama took office, accounted for 60% of…
View original post 237 more words
Recent Comments