Most American Receive More from the Government Than They Pay in Taxes
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.