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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThe Government Is Quietly Giving Way More Housing Aid To Rich People Than Poor People
http://www.businessinsider.com/the-government-is-quietly-giving-way-more-housing-aid-to-rich-people-than-poor-people-2013-12The Center for Budget Policy Priorities released a number of charts today that shows how much the federal government favors high-income households over low-income ones in housing benefits.
This largely results from the fact that homeowners receive significantly more aid than renters and high-income Americans are much more likely to be homeowners.
In 2012, the federal government gave out $240 billion in housing aid. Income data is not available for all of it, but of what is available, more than half went to those with incomes greater than $100,000 ($81.6 billion). Only $40 billion went to those with incomes less than $50,000.
Overall, high income households receive four times as much in housing aid as low-income ones.
Read more: http://www.businessinsider.com/the-government-is-quietly-giving-way-more-housing-aid-to-rich-people-than-poor-people-2013-12#ixzz2nvGummO5
Scuba
(53,475 posts)Thanks xchrom.
FatBuddy
(376 posts)then they will have a voice. until then, they'll just have to settle for lip service, school-to-prison paths, and further humiliation.
it's a pay-to-play system.
money talks, everyone else gets fucked.
gollygee
(22,336 posts)If you're opposed to deductions for property taxes, you should just write that. Or the article in the OP should.
Niceguy1
(2,467 posts)misleading OP's like this one or people that claim that tax deductions are aid or subsidies.
El_Johns
(1,805 posts)are tax deductions not "aid or subsidies"?
Demo_Chris
(6,234 posts)bvar22
(39,909 posts)Many Latin American countries have successfully wrested their governments from the hands of their 1% in near bloodless Ballot Box Revolutions. They have given us the Blue Print,
but you won't hear about it in the US Media, or from US politicians.
Both Parties are in agreement that the Populist Revolution in Latin America MUST be condemned,
and the populist Presidents, elected in transparent elections, MUST be demonized.
When the American Working Class & The Poor realize that we have more in common with each other
than we have in common with the RICH 1% and their Mouth Pieces in Washington,
then we can have "change" too!
Until then.... the Status Quo will prevail.
Economic Justice IS the biggest "Social" Issue.
Viva Democracy!
I pray we get some here soon!
[font color=firebrick size=3][center]"If we don't fight hard enough for the things we stand for,
at some point we have to recognize that we don't really stand for them."
--- Paul Wellstone[/font][/center]
[center][/font]
[font size=1]photo by bvar22
Shortly before Sen Wellstone was killed[/center][/font]
[font size=5 color=firebrick]Solidarity![/font]
mathematic
(1,439 posts)A delightful experiment!
Hydra
(14,459 posts)They usually pop in to say that the people on top need the help, otherwise nobody would be be getting the help because our economy would collapse.
Xchrom is good to post all of this for those of us at the bottom or those a little higher up who actually care what's going on.