Re:Of the 1%, by the 1%, for the 1%
by cagey on Sunday April 03, 2011 @08:53AM
(#2402586)
> Most tax money goes toward providing defense
It seems like (FY2010) 20% of Federal expenditures go toward defense, and 58% go to entitlement programs (which (I speculate) the 1% wealthiest do NOT receive disproportionate benefit from).
Re:Of the 1%, by the 1%, for the 1%
by gersh on Sunday April 03, 2011 @01:05PM
(#2403181)
From that chart, it appears the problem is the healthcare industry is getting too much money. Medicare is expensive along with the tax deduction for health insurance. If we could get down healthcare costs, it would solve the problem.
It seems like (FY2010) 20% of Federal expenditures go toward defense, and 58% go to entitlement programs (which (I speculate) the 1% wealthiest do NOT receive disproportionate benefit from).
Source: http://globaleconomicanalysis.blogspot.com/2011/03/usa-incor... second graph