JonKoch
VIP Member
- May 14, 2017
- 1,779
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In the Age of Corporate Welfare? Seems like just Standard, "right wing hate on the poor".The federal government should be giving a hand up not a handout… They must've missed the memoGUESS WHICH ONE IS WINNING?
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BTW, 5 YEAR LIFETIME LIMIT ON WELFARE (THOUGH MUCH LESS IN MOST RED STATES)...
What is the "Age of Corporate Welfare"? Be specific. Give me facts regarding "corporate welfare".
Because as it is now businesses, both corporate and non-corporate which I guess you are claiming get "corporate welfare".. i.e. your local donut shop ...corporate..maybe...your local barbershop...non-corporate maybe all have paid according to this chart:
Corporate income tax.. $341.7 billion or 11% of all federal revenue
Payroll taxes ...$ 535 Billion or 16.2% of all federal revenue (You dummies seem to forget that businesses ALSO match the SS/Medicare deductions of the employee.)
A total of $876.7 Billion or 27.2% of the total federal revenue.
So tell me again where "corporate welfare" might come in?
Are you talking about the number one tax write-off that corporations also get? i.e. Employee Medical insurance premiums and care: $235.8 Billion!
That's the largest tax deduction and guess what... EMPLOYEES BENEFIT! They couldn't get private insurance this cheap...i.e. FREE!
What are the largest tax expenditures?
View attachment 129345
The Corporate Welfare Budget: Bigger Than Ever. Federal subsidies to private businesses cost taxpayers $87 billion per year.
RIGHT WING CATO
The Corporate Welfare Budget: Bigger Than Ever
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Letting people keep more of their money is not welfare, it's just another liberal lie.
Sure Cupcake, sure
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