Monday, August 25, 2014

WHO YOU CALLING ENTITLED?

Americans constantly hear about the threat of "entitlements," which in the case of Social Security and Medicare are more properly defined as "earned benefits." The real threat is the array of entitlements demanded by the very rich.

Annual Per Capita Numbers
The following are averages, which are skewed in the case of tax breaks and investment income, as a result of the excessive takings of the .1% and the .01%. Details of the calculations can be foundhere.
$8,600 for each of the Safety Net recipients
$14,600 for each of the Social Security recipients
$27,333 for each of the Pension recipients
$54,740 for each of the Teachers
$200,000 for each of the Tax Break recipients among the richest 1%
$500,000 for each of the Investment Income recipients among the richest 1%
The super-rich feel they deserve all the tax breaks and the accumulation of wealth from the productivity of others.
This is the true threat of entitlement.


Some Numbers for the ‘Entitlement’ Bashers