Showing posts with label Government Transfers.. Show all posts
Showing posts with label Government Transfers.. Show all posts

Thursday, October 25, 2018

60% of Households Receive More in Government Transfers than they Pay in Taxes

According to a report released this year by the Congressional Budget Office, only the top two income quintiles in the United States pay more in taxes than they receive in government transfers.  Fair share?

https://www.zerohedge.com/sites/default/files/styles/inline_image_desktop/public/inline-images/transfers_ss_taxes.jpg?itok=hgrWfhlh