Monday, December 30, 2013

Where's the money going?

Wonder what happens to your hard-earned cash after you hand it over the IRS each year? Almost half goes toward paying for the ballooning entitlement programs—Social Security, Medicare, and Medicaid—a proportion that will only increase as the number of retirees expands in the near future. Even worse, your tax money only funded 70 cents of every federal dollar spent in 2012, meaning the remaining 30 cents was borrowed and tacked on to the massive national debt.
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3 comments:

  1. Anonymous12/30/2013

    Eliminate all UNEARNED entitlements.

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  2. Anonymous12/31/2013

    It's all part of the PLAAANNNNN ! Put the pedal to the metal and increase spending and borrowing on the most wasteful and useless things possible until you simply overload the system. It is what the leftist America haters want to do. Make us b*tch*s for the Chinese. They will grow at our expense. We will borrow from them until they control us. Democrats are like possessed fiends when it comes to spending money. People need to realize that it is NOT compassionate to take OTHER peoples money to give to someone YOU decide is MORE worthy. Who are you to decide who gets someone elses money ? If Teddy (burp) Kennedy really cared about helping the poor he would have given away HIS own money. That is charity

    ReplyDelete
    Replies
    1. Anonymous12/31/2013

      Excellent point about Teddy Kennedy. Same could be said about Obama, Durbin, Emanuel, etc.

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