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What PERCENTAGE of Your Tax Dollar Really Goes to Help the Free-Loading ?

By Politicofact   Follow   Tue, 2 Oct 2012, 5:55pm   3,125 views   15 comments
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http://myesoteric.hubpages.com/hub/How-Much-of-Your-Tax-Dollar-Really-Does-Go-to-Help-the-Free-Loading-Indigent-Ought-to-Get-a-Job-Americans

You Should Be Able To See The Obvious ...
... but I have some remarks anyway.

If you consider TARP being considered a form of welfare, and most do, then only 6 cents out of every tax dollars goes toward providing welfare services to those who can't provide for themselves. If you don't, the figure increases all the way up to ... 9 cents
The other $ .91 or 91% of your taxes go support the operations of the government or defense. You ultimately get the Social Security and Medicare back.
Individual income taxes only provide 26 cents of the revenue dollar needed to fund the 2010 expenditures. 37 cents came for other revenue sources and the last 37 cents was borrowed.

I hate old age, and heard something today on CNN's Cafferty's File that brought to mind again. An e-mail response to one of Cafferty's questions regarding raising taxes on the wealthy got a response that went something like this: "Why should the money the wealthy worked hard for be transferred to the poor who hardly work at all." Actually, it wasn't the cut-and-dried but that was the implication. There was nothing in the response about helping fellow Americans fellow American's brought low because of the unethical conduct of many of those same wealthy tax payers. But I digress; that is...

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1. Politicofact Follow Befriend (3) 99 threads 464 comments

   1   10:04am Wed 3 Oct 2012   Share   Quote   Permalink   Like (4)   Dislike (2)   lol how can you dislike the facts! lol

2. Ceffer Follow Befriend 6 threads 648 comments Pleasanton, CA

   2   10:48am Wed 3 Oct 2012   Share   Quote   Permalink   Like (1)   Dislike   Since we are looking at the bright side, probably 25 cents of every welfare dollar is repatriated to the gov through tobacco taxes, alcohol taxes and lottery tickets. It's a win-win! Only the money that goes to the local dealer escapes the tax hatchet, another good argument for legalization of drugs, so the gov can get it's cut. Need more cigarette money, just grab a parolee and make another baby! Life is good.

3. mell Follow Befriend (5) 57 threads 1,324 comments Premium

   3   11:00am Wed 3 Oct 2012   Share   Quote   Permalink   Like   Dislike   Protected   A government job that serves no purposes is welfare as well. Useless wars fought just to infringe on the citizens personal liberty and to enrich the defense sector is welfare for the defense sector and a crime against the servicemen and women being put in harms way. Tallying this up, I would say the majority of taxes is spent on either welfare or crime. They should be mostly abolished (small flat tax will likely be necessary to wean off the debt financing) and replaced with fees that need to be strictly reinvested into the domain they are taken from and can be voted upon.

4. Danaseb Follow Befriend (1) 142 comments San Jose, CA

   4   11:05am Wed 3 Oct 2012   Share   Quote   Permalink   Like (1)   Dislike   Well there is no arguing the FACT that anyone in the welfare bracket of life, working or on welfare, gives a lot more of the money they gain back directly through the aforementioned taxes than anyone wealthy. Richer you are the less you work for each dollar. A person on welfare WORKED harder and longer by just through applying and cashing the checks through a year than an overpaid suit did in the few moments it would take for him to gain the equivalent cash.

5. zzyzzx Follow Befriend (9) 416 threads 4,137 comments Baltimore, MD

   5   11:48am Wed 3 Oct 2012   Share   Quote   Permalink   Like   Dislike (3)

6. zzyzzx Follow Befriend (9) 416 threads 4,137 comments Baltimore, MD

   6   11:50am Wed 3 Oct 2012   Share   Quote   Permalink   Like   Dislike (4)

7. zzyzzx Follow Befriend (9) 416 threads 4,137 comments Baltimore, MD

   7   11:53am Wed 3 Oct 2012   Share   Quote   Permalink   Like   Dislike (4)

8. Politicofact Follow Befriend (3) 99 threads 464 comments

   8   11:58am Wed 3 Oct 2012   Share   Quote   Permalink   Like (4)   Dislike (1)   You do know that the world economy crashed under the economics of 8yrs of George Bush? You expect a turnaround by do nothing? You could have tried passing Obama's jobs bills for works and for vets? zzyzzx you don't have a leg to stand on You want to moan about the figures but your party obstructed any progress to put people vets and construction workers back to work

9. zzyzzx Follow Befriend (9) 416 threads 4,137 comments Baltimore, MD

   9   12:14pm Wed 3 Oct 2012   Share   Quote   Permalink   Like   Dislike (4)   Politicofact says You ultimately get the Social Security and Medicare back. I don't know why anyone would assume that.

10. zzyzzx Follow Befriend (9) 416 threads 4,137 comments Baltimore, MD

    10   12:15pm Wed 3 Oct 2012   Share   Quote   Permalink   Like   Dislike (4)   I'm sure if I qualified defense spending excluding procurement and salaries, then defense spending would look tiny in comparison to everything else too.

11. Politicofact Follow Befriend (3) 99 threads 464 comments

    11   12:18pm Wed 3 Oct 2012   Share   Quote   Permalink   Like (3)   Dislike (2)   The writer assumed that, your welcome to ask him and read his page

12. Politicofact Follow Befriend (3) 99 threads 464 comments

    12   12:19pm Wed 3 Oct 2012   Share   Quote   Permalink   Like (4)   Dislike (1)   zzyzzx says I'm sure if I qualified defense spending excluding procurement and salaries, then defense spending would look tiny in comparison to everything else too. Sure you don't need to pay the Armed Forces anything. Sure you can fight wars without procuring the weapons in the first place. Do you see how stupid your circular arguments become.

13. Politicofact Follow Befriend (3) 99 threads 464 comments

    13   12:23pm Wed 3 Oct 2012   Share   Quote   Permalink   Like (4)   Dislike (1)   Did you notice that revenue from income tax is higher than that of revenue from corporate tax 1, Income from Individuals 41% revenue 2. Corporate tax 9% revenue a very large margin

14. Politicofact Follow Befriend (3) 99 threads 464 comments

    14   12:31pm Wed 3 Oct 2012   Share   Quote   Permalink   Like (4)   Dislike   http://www.cato.org/pubs/journal/cj2n2/cj2n2-12.pdf Corporate WELFARE QUEENS! http://www.ritholtz.com/blog/2011/02/who-are-the-biggest-corporate-welfare-queens/ http://townhall.com/columnists/briandarling/2012/06/11/big_agriculture__the_queen_of_corporate_welfare/page/full/ Corporate Welfare vs. Social Welfare Statistics About $59 billion is spent on traditional social welfare programs. $92 billion is spent on corporate subsidies. So, the government spent 50% more on corporate welfare than it did on food stamps and housing assistance in 2006. zzyzzx says I'm sure if I qualified defense spending excluding procurement and salaries, then defense spending would look tiny in comparison to everything else too. oh yeah tiny. John Stossel Sums Up Corporate Welfare Corporate Freeloaders http://www.swifteconomics.com/2012/08/22/john-stossel-sums-up-corporate-welfare/

15. Politicofact Follow Befriend (3) 99 threads 464 comments

    15   12:32pm Wed 3 Oct 2012   Share   Quote   Permalink   Like (4)   Dislike   Who are the Takers and the Moochers? The Corporate Welfare Queens, that's who.