More than half of Americans receive more money in various types of government transfer payments (Medicare, Medicaid, food stamps and Social Security) than they pay in federal taxes. The Congressional Budget Office reports that only the top 40% income earners in the US pay more in taxes than they receive in government transfers. Ludwig von Mises once noted that once we get to the point that a majority of the voting population receives more in benefits than it pays in taxes, then voters will demand more and more wealth be transferred to them through government programs. It will then become politically necessary to extract larger and larger amounts of wealth from a minority in order to subsidize the majority.
More than half of Americans receive more money in various types of government transfer payments (Medicare, Medicaid, food stamps, Social Security) than they pay in federal taxes.
According to a report released this year by the Congressional Budget Office, only those in the top forty-percent income brackets in the United States pay more in taxes than they receive in government transfers.
Not surprisingly, the lowest income brackets receive far more in transfers than they pay in taxes:
In the lowest quintile (on-fifth or 20% of the total), households pay only $400 in taxes (as of 2014, the most recent data available) while receiving more than $16,000 in various types of tax-funded transfer payments.
Former NBC News reporter Mary Emily O’Hara says she “had exclusive interviews with medics who said state police forced them to stop working on [Heather Heyer] after the crash” — and they believed that they could have saver otherwise. Her news story was “canceled” by her employer.
Water fluoridation is supplied to about 66% of US residents, 38% of Canadian residents, and 3% of European residents. The researchers found that for every 1 mg/L average increase in fluoride intake by a mother, there was a 3.7-point drop in the child’s IQ.
Epstein signed a new will, with assets valued at $577 million, just two days before his alleged suicide. He appointed two of his long-term attorneys, Darren Indyke and Richard Kahn, as executors. Epstein’s assets were reportedly placed in a trust, which may make it difficult for his victims to collect damages.
For example, in Chicago, police terminated stop-and-frisk encounters in late 2015, and murders increased by 58% by the end of 2016. An astounding 239 additional murders were attributed to the police withdrawal.
Markopolos’ report indicates that GE is locked into $38-billion in future expenses that it has not disclosed, which is over 40% of the company’s market capitalization. The company says the report itself is fraud because it was designed to plunge the price of GE stock so insiders could buy cheap and sell high later.
Marianne Williamson says it is “unacceptable” for the Trump administration to consider pulling troops out of Afghanistan, because we need to ensure “the rights and protection of women” who were abused by the Taliban.
This article includes a long list of other illegal aliens who were set free in Mecklenburg County after having been arrested for crimes that include kidnapping, multiple serious assault charges, rape and child sex abuse.
Governor Pritzker’s family is worth approximately $29-billion and is heavily invested in the medical industry. His cousin, James, is a transgender woman known as ‘Jennifer,’ who spends heavily to advance the institutionalization of transgenderism.
President Trump is considering designating Antifa as a terrorist group. Journalist Andy Ngo documented the violence by Antifa in Portland over the weekend, including this account of an assault: “A middle-age man was maced and beaten by an antifa mob. He was knocked unconscious to the ground.”
Under his proposal, the FBI would conduct assessments of white supremacist threats and improve reporting of hate crimes. The proposal builds upon Booker’s sweeping anti-gun plan that would establish a national licensing program for gun ownership.
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Americans have low fertility rates and little incentive to have children while immigrants are subsidized by welfare to have many children. The American system is deliberately being overwhelmed in order to cause it to crash. Out of the rubble, the plan is to build a totalitarian regime which most people will think is there to help them.
Two-thirds of Millennials who were polled said they have saved nothing for retirement. Many believe they do not need to save because capitalism will be abolished and replaced with socialism, which will take care of their needs. [In other words, they are passively preparing to live on the plantation.]
The ‘exchange model’ of religion postulates that, if people can get their needs, such as health care, education or welfare, met by the government, they’re less likely to turn to a divine power for help. Those in need who receive “free stuff” from the government are separated from the giver and develop a sense of entitlement instead of gratitude.