Sunday, March 13, 2011

Slash welfare for the wealthy

We should slash welfare for the wealthy Rex Nutting - MarketWatch: "The richest 20% of families — those who make more than $115,000 a year — capture 71% of the benefits from the housing subsidies, as well as 80% of the benefits of retirement-savings deductions, according to the Tax Policy Center. Much of benefit accrues to the top 1% or top 0.1%."

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