Wednesday, April 16, 2014

Fun Facts

According to the CNS News site, there are 86 million private sector workers today in the United States.  Those 86 million support the government and 148 million benefit takers.
The 147,802,000 non-veteran benefit takers outnumbered the 86,429,000 full-time private sector workers 1.7 to 1.
Lots more analysis at the link, but basically if you're working in the private sector, you're carrying the load for 1.7 people who aren't.  Milady and I are making good money, and our tax bracket is about 25%, so we're supporting with our taxes, a family of four somewhere.  It amazes me that in my autumn years I'm paying more in federal income tax than I made for lots of years as a young adult.

If someone asks me whether I'm paying my fair share, the answer is yes.  And I'm paying the share of someone else, too.  That's something to think about as we wrap up the traditional end of the tax season.


Old NFO said...

Sad isn't it... And NOT going to get better unless we get up on our hind legs and do something this fall.

Rivrdog said...

My late father referred to these statistics as "buying Welfare Cadillacs".