“I don’t want to make black people’s lives better by giving them somebody else’s money. I want to give them the opportunity to go out and earn the money and provide for themselves and their families.” — Rick Santorum
[T]he people who benefit most from welfare programs are white people.
Among the poorest of the poor—single mothers, living below the poverty line with minor children to support 39.7 percent of AFDC clients are Black single mothers and 38.1 percent are White women with children. Food stamp recipients are 37.2 percent Black and 46.2 percent White. Medicaid benefits are paid to 27.5 percent Black recipients compared to 48.5 percent White clients. source
And which “people” (according to Mitt Romney) benefit from government welfare most of all?
In fact, in the last three years, 78 corporations had at least one year where they paid no federal income tax at all, while 30 corporations paid not a dime over the entire three years. Those 30 corporations paid nothing, even though they made $160 billion in profits over that period:
[…] These companies, whose pretax U.S. profits totaled $160 billion over the three years, included: Pepco Holdings (–57.6% tax rate), General Electric (–45.3%), DuPont (–3.4%), Verizon (–2.9%), Boeing (–1.8%), Wells Fargo (–1.4%) and Honeywell (–0.7%).
Instead of giving corporations “other people’s money” in the form of more tax cuts, loopholes and federal subsidies, shouldn’t we think about “giving them the opportunity to go out and earn the money and provide for themselves and their families“?
More tax cuts for the wealthy paid for with austerity for the rest of us. Go GOP!
The Republicans candidates’ economic agenda for the 1 percent.