WyBlog, the best thing about New Jersey since the invention of the 24 hour diner.
Chris Wysocki
Caldwell, NJ
The nine most terrifying words in the English language are "I'm from the government and I'm here to help." - Ronald Reagan
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It goes to somebody else. Somebody who's living large on the dole. In fact, a whole lot of "somebodies."
A whopping 69 cents of every tax dollar gets sent right back out as wealth redistribution.
Major entitlements (Medicare, Medicaid, and Social Security) gobbled up 49 percent, while more federal benefits took another 20 percent. These additional "income security" benefits include federal employee retirement and disability, unemployment benefits, and welfare programs such as food and housing assistance.
Not included yet? Obamacare subsidies. They won't be counted until next year, so get ready to bend over and grab your ankles.
But wait, it gets worse.
We're on track for all our tax money to go to Medicare, Social Security, Medicaid (including the Children's Health Insurance Program and Obamacare), and interest on the debt. Don't forget the debt. Your 2013 tax dollars covered only 80 cents of every dollar spent by the federal government. The other 20 cents were borrowed from younger generations.
BOHICA.
You know what would be nice?
If at least one of the Obamabot grifters I'm supporting sent me a thank-you note for tax day (or as I like to call it, National Wealth Redistribution Day). Maybe the folks at Hallmark can come up with an appropriate card.
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Related:
An Ode to Tax Day.
Posted at 11:25 by Chris Wysocki
[/economy]
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