Government’s Main Function: The Transfer Of Money

Government,Taxation

            

Mitt Romney told the truth in the 2012 campaign about the 47 percent. If anything, he underestimated the severity of the Taker Problem in U.S. society. Writes Jeffrey Dorfman:

“Mitt Romney aimed low in his famous remark. We are now well past a majority in terms of how many people are net receivers from the government. The coalition of voters who have an economic interest in voting for more goodies from the government is over 70 percent and growing.”

AND, “… in 2010 the top 40 percent of families paid 88 percent of all taxes—and that is all taxes, not just income taxes.”

In case you’ve forgotten, “During the 2012 presidential campaign … Mitt Romney was reported to have commented about how 47 percent of Americans were bound to vote for Democrats (or whatever party promised them free stuff) since they did not pay any income taxes. …”

AND, in case you don’t know:

“… about 70 percent of the federal government’s spending is the transfer programs already accounted for. … in actuality around 70 percent of American families are receiving more from the government than they are paying in.”

MORE.