Posts Tagged ‘‘Take the Rich Off Welfare’’

Meme on the Amount of Personal Tax Spent on Welfare and Subsidies for the Rich and Corporations in America

February 10, 2016

This is another meme I found over at the Tumblr site, 1000 Natural Shocks (over 18s only). It breaks down just how much the tax paid by an American citizens making $50,000 a year is spent on welfare and subsidies for the rich and the big corporations.

As you can see, the amount spent on welfare is trivial. Far more is spent subsidizing the corporate rich. And the biggest amount is the tax burden caused by the rich using tax loopholes not to pay their fair share of the tax burden.

American Tax Welfare Corporate

Mike and the Angry Yorkshireman have also put up memes on their sites, Vox Political and Another Angry Voice, also showing how the tax burden over here has been shifted onto the poor as successive Tory administrations since Thatcher have cut taxes for the rich. And under David Cameron, the tax burden on the poor for the benefit of the rich has increased massively, while welfare has been cut right, left and centre.

There’s been a whole book written about this subject: Take the Rich Off Welfare. And what adds insult to injury is that these are the same people, who stand up and declare themselves superior to everyone else, because they’ve made it by their own efforts in the free market. They haven’t. They’re just scroungers and hypocrites, taking money from those who really need money and welfare support. It’s time for them and their paid servants in politics, to be kicked off state support for good.

The Relative Sizes of the American Welfare Budget Compared to State Support of the Corporate Rich

October 2, 2015

One of the American radical, underground presses published a book back in the ’90s called Take the Rich off Welfare. The book’s argument was that if America had any spending problems, it wasn’t due to welfare payments to the poor, but to the rich, who obviously don’t need them. As you can see, the American corporate rich get trillions through government subsidies, tax cuts and so on. The rich, however, in their turn spend millions, if not billions annual subsidizing politicians and promoting the message that government spending on the poor is somehow a threat to the economy. It isn’t, but is only a threat to their power to treat the poor and lower middle class with complete contempt, and exploit them.

I found this diagram of the relative sizes of the American welfare budget, and the largesse doled out to the rich and their corporations, like Donald Trump.

Corporate Welfare versus People's Welfare

As you can see, that’s a massive difference. It’s even bigger if you take into account that most Western welfare expenditure goes on pensions. The actual amount spent on the poor, on unemployment payments, becomes trivial.

This is America Reagan helped to create, and the Britain Maggie and her followers, including Bliar and Cameron, are creating.

There’s an old quote, ‘A Conservative is someone who believes in a fairer deal for the rich’. That’s exactly true: of Reagan, of Maggie, of Blair, and particularly Cameron, IDS and their party of corporate jackals. And it means poverty for everyone else.