Category: Politics, Power, and Governance

IT’S WORSE THAN YOU THINK
52% of Americans are on some sort of govt subsidy.
25% of Americans rely on social security:
…. 18% are retirees,
…. 3% are disabled, and;
…. 2.3% are survivors.
18% of Americans rely on Medicare (age)
18% of Americans are on Medicaid (poverty)
19% of Americans are on Welfare

Top 1% of taxpayers: paid 42.3% of all federal income taxes. They accounted for more income taxes paid than the bottom 90% combined.
Top 10% of taxpayers: Paid 74% of all income taxes.
Top 25% of taxpayers: Paid 89% of all income taxes.
Top 50% of taxpayers: Paid 97.1% of all individual income taxes.
Bottom 50% of taxpayers: Paid the remaining 2.9% of all individual income taxes.
So… why are we even taxing the bottom 50% of taxpayers?

Does the population understand that having exported our industrial capacity and financialized our economy, all of this redistribution is dependent upon the dollar as the reserve currency and the USA’s role in policing world law, finance, and trade?

No.