Tag Archives: CEO

Government Handouts The Rich Get

In case you are still skeptical the rich receive benefits from government (for which we don’t make them pee in a cup or promise not to buy luxuries),
1. The mortgage interest deduction for big houses and second homes. Thanks to this tax break, the 5 million households in America making more than $200,000 a year get a lot more housing aid than the 20 million households living on less than $20,000. Deductions for mortgage interest incentivize people already capable of buying big homes to buy even bigger ones.

Income Distribution

For the life of me I can not understand why people keep supporting politicians who have been bought and paid for by the likes of the Koch brothers and the oil and gas industry.
“$100 from 2 million people … a total of $200 million … is 20 percent of what the Koch brothers themselves are prepared to spend. … Maybe the game is over. Maybe they have bought the United States government. Maybe there is no turning back. Maybe we’ve gone over the edge. I don’t know. I surely hope not.