Tag Archives: medicaid

Sentences To Ponder

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From the NYTimes.

“Republicans are seeking to extend Mr. Trump’s 2017 tax cut and temporarily enact his campaign pledges not to tax tips or overtime pay. They want to partly offset the roughly $3.8 trillion cost of those tax measures — as well as plans to increase spending on the military and immigration enforcement — by making cuts to Medicaid, food stamps and subsidies for clean energy.”

Don’t be fooled by the easy to spot “Eat the Rich” signage in downtown Olympia, WA. The guiding principle of the fairly elected kleptocracy is “Feed the Rich”.

Postscript: Welcome new readers from Germany.

Where Your Federal Tax Dollars Go

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This table shows where US citizens federal tax dollars go. The largest single expense? Entitlements. Social Security, Medicare, and Medicaid make up 38.5% of the first sample family’s federal taxes. The second largest? Nine military subcategories that total 22.5% of the sample family’s federal taxes.

Over one half of the sample family’s federal taxes fund entitlements and military expenses. That can’t be sustainable.

It’s only a matter of time until both the social security retirement age and means testing increases. As a result, well-to-do people will receive reduced benefits later in life. And we’ll be forced to reduce the size of our military and our commitments abroad. We can’t afford the status quo any more.