CBO:Top 40% Paid 106.2% of Income Taxes; Bottom 40% Paid -9.1%, Got Average of $18,950 in 'Transfers' This makes 40% of Americans welfare queens.
The senior citizens who receive social security or medicare benefits after paying into the system during their whole lives will certainly appreciate being called welfare queens. They truly deserve being shamed after being productive members of society for roughly half a century, don't they?
CNSNews.com) - The top 40 percent of households by before-tax income actually paid 106.2 percent of the nations net income taxes in 2010, according to a new study by the Congressional Budget Office. - See more at: http://cnsnews.com/news/article/ter...aid-91-got-average-18950#sthash.QaTNOY57.dpuf Its ok ,please note the BEFORE TAX ,Nature of the Argument ,its one of those Post-Modernist Brain Fcuks. When actual Tax paying takes place ,with all the write offs ,Tax concessions ect ,of the Capitalist Welfare Obama Government ,the truth emerges ,The WORKING CLASS PAYS TAX < the Middle class Minimalizes Tax Paying ,and the Capitalists Pay NO TAX AT ALL.In fact the Capitalists are given ,tax free holidays ,exemptions and Free Money from the federal reserve .They call the $85bn in Capitalist welfare every month ,QE3 ,and at 0% interest ,FREE MONEY ,in other words. The continued existence of Capitalism ,is a tax on Human sanity ,as it defies logic ,with the "to big to fail " ,"Austerity for Recovery " Idioms just to name a couple .