player yesterday I was said that part in this post from my facebook dot com slash
bitchy pondered
and the Google+ group bitchy pundit but it was based on statistics from the
White House dot gov 2012 dash tax receipt website
and an article in common dreams that was published
the in September last year up by Paul Buchheit
tiled added up the average American family pays six thousand dollars a year
in subsidies to big business
I quoted four thousand dollars yesterday I was
I somewhat downplaying it
has actually don't pay that 6,000 all it
in the form of taxes I'm so
you know some somebody call up and say you know give me a break down these
numbers I said I
you know I don't have the actual numbers in front of me I will I will get that
during the break and then I gotta during the break but that was the break
followed by which we had me and waves and on for an hour taking your calls and
so
I addicts still sitting here in front of me on my desk yesterday after I wanna
show the numbers with it
because you know people
people wanna know enquiring minds want to know so
were pain twenty two dollars in 88 cents a year if you make fifty thousand
dollars year though a more or less average household income in the united
states are median household income in the United States
you make fifty thousand bucks a year you pay about 23 boxy
year twenty three dollars for the entire year toward the federal
on insurance on it unemployment insurance
a program and
the republicans just filibustered a bill in the Senate to extend long-term
unemployment benefits and restore them to people got cut off three days we've
after Christmas Bible by the republicans in the last year
to restore those up by by one vote
this thing failed to break a filibuster so the republicans just
filibustered extending those long-term unemployment benefits now we're creeping
up past
1.6 million Americans were screwed I mean really bad but screw looking at
home most
so you pay roughly $23 dollars a year toward that and if we
raise that actually pay twenty four dollars a year toward that and I would
easily cover
twenty-four twenty-five dollars you know easily cover all
love the you know all the people who are unemployed right now you spend
four bucks a year for FEMA not much he spent about thirty eight dollar
thirty-seven dollars a year for food stamps
which is you know a lot more than it was
eight years ago before the Great Bush crash but still i mean you got hungry
people
we you spend seven dollars year for welfare higher taxes
to 135 bucks for a Medicare a couple thousand dollars toward social security
but thats
money that in a way is gonna cycle back to you you spend $200 roughly two are
fifty dollars a year for defense
and I pointed out yesterday you pay four thousand dollars a year
corporate subsidies so the republicans are all huffy and puffy and they're
upset about the fact that we pay $23 dollars a year for unemployment
insurance
and we might have to pay twenty four dollars a year
but we're pain four thousand dollars year in corporate subsidies were public
had brought this out
he
a.m. he he it's amazing
is is it that I their titles added up the average American family pays six
thousand dollars a year in subsidies to big businesses as if you make it over
72,000 you're paying more than that
here's our breaks out courting the cato institute you
if you are making fifty thousand dollars a year pure the average median
are slightly above median household income you're spending here's our breaks
out
870 dollars to direct for direct subsidies and grants
per year that your pain now keep in mind %uh
you know unemployment 6 insurance is arguably direct security grant your pain
$23 dollars for that
your pain 870 dollars indirect subsidies
and grants this is in the form of and I quote
cash payments to farmers research funds to high-tech companies
approach funding for overseas promotions specific US products in industries
does not include tax preferences a trade restrictions
what it does include our payments to 374 individuals in the plush
Upper East Side New York City and others who on farms including Bruce Springsteen
Bon Jovi and ted turner
wealthy caremark Rockefeller receive 342,000
to not farm his Idaho land
Michele Bachmann get some of this money me okay is a direct sur
it also includes fossil fuel subsidies subsidies between 10 and 40 one billion
dollars a year for R&D
these may be substantially underestimated
yeah I'm f reports US fossil fuel subsidies at 500 two billion dollars a
year
which means fossil fuels alone if you're making fifty thousand dollars a year
you're subsidizing the fossil fuel industry to the tune of four thousand
four hundred dollars per US family
now you may not be paying all that on your taxes right now
instead it's going to the US budget deficit eventually will have
have to repay protects
okay so that's 870 dollars your pain and direct subsidies and grants to companies
then there are six hundred and ninety six dollars that your pain
in business incentives at the state county and city levels yup
people make a fifty grand a year based date federal an stay county in
see taxes
near Times investigation by the states counties and cities a small book I it's
gave up over $80 billion dollars to corporations last year
I including including oil and coal conglomerates technology and
entertainment companies banks and big box retailers
$80 billion is 696 dollars for US family
K I 722 dollars a year you are pain if you make fifty thousand dollars a year
in interest rates subsidies to banks
US government essentially gives the banks 3 cents out of every tax dollar
'em so the wealthiest by banks JP Morgan Bank of America Citigroup Wells Fargo
and Goldman Sachs account for three-quarters that total subsidy
see you are subsidizing the bank's to the 2007 under 20 dollars a year
three hundred and fifty dollars a year is going to fund
retirement is is going for retirement fund
bank fees
deals came up with us overpriced medications
thats 01268 dollars a year government grant a monopoly prices raise the price
a prescription drugs
by two hundred seventy billion dollars a year compared to a free market price
this represents an astonishing two thousand dollars the average American
family
870 dollars a year corporate tax subsidies misma Tax Foundation
season tax day justice estimates is actually sixteen hundred dollars per
family
and 1230-1 dollars in revenue loss from corporate tax paper
this you're listening to the Thom Hartmann program
call 866 987 thon
and that's pretty amazing you consider you know Apple has always Irish
subsidiaries where their pain 2 percent taxes and set up
you know paying taxes here