Tuesday, March 07, 2006
AntiPoverty spending has leaped
This article says the facts don't support what we are told...
Here, at the Heritage Foundation, tax cuts and spending cuts are discussed:
"More broadly, the accusation that poor families are shouldering more of the tax burden while receiving less of the spending is empirically false. From 1979 through 2003, the total federal tax burden on the highest-earning quintile (one-fifth or 20 percent) of Americans - who earn 52 percent of all income - rose from 56 percent to 66 percent of all taxes. Their share of individual income taxes jumped from 65 percent to 85 percent. On the spending side, antipoverty spending has leaped from 9.1 percent of all federal spending in 1990 to a record 16.3 percent in 2004."
