When you pay taxes, remember that the bottom 20% of income earners do almost no work, do not pay taxes, and receive government aid. The next lowest 20% pay minimal taxes but also receive government support.
Considering credits, the bottom half effectively pay about $667 per year. In contrast, the top 1% of income earners contribute roughly 38.8% of all federal income taxes, and the top 10% pay about 70% of the total federal income taxes. Most of the rest is paid by the Middle-income earners.
Households in the bottom 20% of income often pay little to no federal income taxes due to low taxable income and tax credits such as the Earned Income Tax Credit (EITC) and the Child Tax Credit (CTC). According to the Tax Policy Center, about 44% of U.S. households pay no federal income tax, largely because of these credits and deductions.
Many low-income households receive transfer payments from government programs like Medicaid, Supplemental Nutrition Assistance Program (SNAP), Temporary Assistance for Needy Families (TANF), and housing assistance.
In 2023, about 70.6 million Americans received benefits from programs administered by the Social Security Administration (SSA), including Social Security and Supplemental Security Income (SSI). Additionally, millions more benefit from other social safety net programs. For example, in the 2022 fiscal year, approximately 41.2 million people received SNAP benefits.
There is a whole underground economy comprised of drug dealers, prostitutes, scammers and the like who pull in tons of money and pay not one cent of tax.
Not to mention every other tire shop is run by “new Americans”. They deal strictly in cash and don’t have insurance. If a used tire blows out and kills 5 people-they hop a plane back to Pakistan and it’s all good.
We have made it too easy for the leeches!
Food Stamp users should be required to have all transactions verified by store management – the embarrassment factor will be back in play. Food stamps should be limited to high nutritional value uses only – no fast foods, steak, lobster, crabs, etc. Section 8 housing users should live in barracks style housing with regular inspections and limited space. No additional resources should be allocated for second and third children on welfare – closing the vagina-ATMs.
Too easy for the leeches and too bad for us slaves who support them.
Well said!!!
So true 8:14, recipients are very comfortable from government assistance and handouts that there is no incentive to get jobs and improve their lives.