Author Topic: $8.21  (Read 1202 times)

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Plane

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$8.21
« on: March 27, 2007, 04:34:56 AM »
http://www.taxfoundation.org/news2/printer/2286.html


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.



Eight to one returns every year? Government is a good investment.

Xavier_Onassis

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Re: $8.21
« Reply #1 on: March 27, 2007, 11:19:22 AM »
I bet that the cost of the war in Iraq is not figured into the return of people who own oil company stock, or the cost of operating and maintaining airports and highways into the returns of people who own airline and trucking company stock, and certainly not the returns of all this in the returns of people who own these stocks in funds in their pensions, IRAs and 401-k plans.

"Time flies like an arrow; fruit flies like a banana."

Plane

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Re: $8.21
« Reply #2 on: March 27, 2007, 12:47:38 PM »
I bet that the cost of the war in Iraq is not figured into the return of people who own oil company stock, =negatve numbers




or the cost of operating and maintaining airports and highways into the returns of people who own airline and trucking company stock,=yes it can be but it woud not be greater than the benefit to employes of airlines and trucking companys.


 and certainly not the returns of all this in the returns of people who own these stocks in funds in their pensions, IRAs and 401-k plans.= non government