Communist Study Shows US Policies Mainly Help The Rich
“Billions of dollars in U.S. tax breaks to encourage home ownership, retirement savings, business start-ups and education mostly benefit top income earners and do little to help low- and middle-income people build wealth, a report released on Wednesday said. The U.S. government spent nearly $400 billion, mostly through tax breaks, in 2009 to promote home ownership and other wealth-building strategies and more than half of that benefited the wealthiest 5 percent of taxpayers, said the study sponsored by the nonprofit Annie E. Casey Foundation and the Corporation for Enterprise Development (CFED).”
-Yeah, fine, you can use numbers to make anything sound the way you want. You know what I don’t see in here? The part where it reminds us that the wealthiest 5 percent of taxpayers are better people who work harder and deserve it more. Or maybe the hippies at the Corporation for Enterprise Development don’t want to remind you about that fact, hmmm?