More Entitlements Then Ever….The Free Lunch

Posted By on September 14, 2010

Nearly half of all Americans live in a household in which someone receives government benefits.  This is more than at any time in history.

Making matters even worse, the number of American households not paying federal income taxes has also grown—to an estimated 45% in 2010, from 39% five years ago, this according to the Tax Policy Center.   A little more than half don’t earn enough to be taxed; the rest take so many credits and deductions they don’t owe anything.

“We have a very large share of the American population that is getting checks from the government,” says Keith Hennessey, an economic adviser to President George W. Bush and now a fellow at the conservative Hoover Institution, “and an increasingly smaller portion of the population that’s paying for it.”

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