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How much Socialism in the US is enough Socialism for left wing whackos?



 
 
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  #1  
Old March 26th, 2007, 12:56 PM posted to rec.travel.europe
PJ O'Donovan[_1_]
external usenet poster
 
Posts: 377
Default How much Socialism in the US is enough Socialism for left wing whackos?


http://www.taxfoundation.org/news/show/2286.html


The Tax Foundation

The Tax Foundation
2001 L Street, N.W.
Suite 1050
Washington, D.C. 20036
202.464.6200

March 23, 2007
Who Pays America's Tax Burden, and Who Gets the Most Government
Spending?

by Andrew Chamberlain, Gerald Prante and Scott A. Hodge

Special Report No. 151

Executive Summary
While many studies answer the ques*tion of who pays taxes in America,
the question of who gets the most government spending is often
overlooked. Just as some Americans bear a larger portion of the
nation's tax burden than others, some Americans also receive a larger
share of the nation's government spending.

This report summarizes the key findings of a comprehensive 2007 Tax
Foundation study of federal, state and local taxes and government
spending. The results show that when we consider the distribution of
government spending as well as taxes, it provides a dramatically
altered view of how U.S. fiscal policy affects Americans at different
income levels than is apparent from the distribution of tax burdens
alone.

Overall, we find that America's lowest-earning one-fifth of households
received roughly $8.21 in government spending for each dollar of taxes
paid in 2004. Households with middle-incomes received $1.30 per tax
dollar, and America's highest-earning households received $0.41.
Government spending targeted at the lowest-earning 60 percent of U.S.
households is larger than what they paid in federal, state and local
taxes. In 2004, between $1.03 trillion and $1.53 trillion was
redistributed downward from the two highest income quintiles to the
three lowest income quintiles through government taxes and spending
policy.

These findings suggest tax distributions alone do not tell Americans
how much the nation's fiscal system is helping or hurting low-income
households. To answer that, we must look beyond tax burdens to
government spending as well. Lawmakers who ignore the distribution of
govern*ment spending risk making policy judgments based on an
incorrect set of facts about the United States fiscal system

  #2  
Old March 27th, 2007, 11:55 AM posted to rec.travel.europe
Dr. Barry Worthington
external usenet poster
 
Posts: 16
Default How much Socialism in the US is enough Socialism for left wing whackos?

On 26 Mar, 12:56, "PJ O'Donovan" wrote:
http://www.taxfoundation.org/news/show/2286.html

The Tax Foundation

The Tax Foundation
2001 L Street, N.W.
Suite 1050
Washington, D.C. 20036
202.464.6200

March 23, 2007
Who Pays America's Tax Burden, and Who Gets the Most Government
Spending?

by Andrew Chamberlain, Gerald Prante and Scott A. Hodge

Special Report No. 151

Executive Summary
While many studies answer the ques*tion of who pays taxes in America,
the question of who gets the most government spending is often
overlooked. Just as some Americans bear a larger portion of the
nation's tax burden than others, some Americans also receive a larger
share of the nation's government spending.


"From each according to his ability, to each according to his need."
Or, as it says in the Good Book, "Bear ye one anothers burdens." That
is how it is supposed to work in a civilised society.


This report summarizes the key findings of a comprehensive 2007 Tax
Foundation study of federal, state and local taxes and government
spending. The results show that when we consider the distribution of
government spending as well as taxes, it provides a dramatically
altered view of how U.S. fiscal policy affects Americans at different
income levels than is apparent from the distribution of tax burdens
alone.

Overall, we find that America's lowest-earning one-fifth of households
received roughly $8.21 in government spending for each dollar of taxes
paid in 2004. Households with middle-incomes received $1.30 per tax
dollar, and America's highest-earning households received $0.41.
Government spending targeted at the lowest-earning 60 percent of U.S.
households is larger than what they paid in federal, state and local
taxes. In 2004, between $1.03 trillion and $1.53 trillion was
redistributed downward from the two highest income quintiles to the
three lowest income quintiles through government taxes and spending
policy.


And you actually find this surprising?


These findings suggest tax distributions alone do not tell Americans
how much the nation's fiscal system is helping or hurting low-income
households. To answer that, we must look beyond tax burdens to
government spending as well. Lawmakers who ignore the distribution of
govern*ment spending risk making policy judgments based on an
incorrect set of facts about the United States fiscal system


I'm not sure what point he is trying to make.....assuming that there
is one....

And what has this to do with the news group? Or socialism, for that
matter?

Please bugger off....

Dr. Barry Worthington


  #3  
Old March 27th, 2007, 06:38 PM posted to rec.travel.europe
Frank F. Matthews
external usenet poster
 
Posts: 1,362
Default How much Socialism in the US is enough Socialism for left wingwhackos?



Dr. Barry Worthington wrote:

On 26 Mar, 12:56, "PJ O'Donovan" wrote:


snip


I'm not sure what point he is trying to make.....assuming that there
is one....

And what has this to do with the news group? Or socialism, for that
matter?

Please bugger off....

Dr. Barry Worthington



You dare to ask PJ to post something appropriate to the group in
starting a thread? How naive of you.

 




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