Could Your Family Live on $61,320 Per Year Tax Free?





 

There’s a new report out by the Senate Budget Committee that calculates that “the amount of money spent on welfare programs equals, when converted to cash payments, about ‘$168 per day for every household in poverty.’”


Here’s the math: $168 per day x 365 days = $61, 320.

If someone gave you $61,320 per year with no federal, state, or Social Security taxes taken out, could your family live on that amount? Most likely nearly every family in America could if they chose a modest lifestyle. I know my family could, especially if I didn’t have to pay taxes on any of it.

Not only would you get $61, 320 per year tax free, but you wouldn’t have to work for it. You could stay at home and engage in a hobby of your choice. If you lived simply, you could do some traveling and even save money for retirement.

We keep hearing about how the rich aren’t paying their “fair share” of taxes to “protect benefits that American families rely on,” as Democrat Rep. Keith Ellison tells us. This per diem poverty payout statistic is positive proof that the charge is baseless. Most money that’s collected for taxes is absorbed by the State.

I understand that not all the money that’s designated for payout to poverty-stricken families gets to them. The money has to go through our nation’s vast bureaucracy that is bloated and expensive. Government workers are paid very well. The bureaucratic agencies are designed to be the conduit for payments. These perpetual government workers almost always vote for Democrats. Their jobs are assured as long as there are payments to be made to poor people who also almost always vote for Santa Claus.


The numbers on this issue are startling:

“According to the Republican side of the Senate Budget Committee, welfare spending per day per household in poverty is $168, which is higher than the $137 median income per day. When broken down per hour, welfare spending per hour per household in poverty is $30.60, which is higher than the $25.03 median income per hour.”

We would be better off just writing a check for $4343.50 each month and sending it directly to each poor family in America and save 15 percent in the process. Remember, this is tax-free money.

The government’s definition of poverty is based on total income received. The poverty level for 2012 was set at $23,050 (total yearly income) for a family of four. A direct payment of $4343.50 each month is almost twice what the poverty rate is for a family of four.

The so-called “War on Poverty” has turned out to be a war on the taxpayer and the poor. And like any war, there are profiteers. Who are they? The elected officials that vote for these programs. They and the bureaucrats that oversee the poverty industry know that as long as there is poverty in America, they have a job.


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