Boortz Excerpt - The Moocher Class

Of the five million people who listen to the Neal Boortz radio program every day Carol & I were two of the fortunate ones to hear Monday's program live in which Neal gave the three biggest dangers he sees the American Republic facing today.  I present below a portion of one of them, which Neal calls the Moocher Class.  If you would like to see the entire program notes including the other two dangers (#2 - Politicians Hooked On Power, & #3 - Public Sector Unions) just let me know & I will send it to you. 

 

---Excerpt From Neal Boortz January 3 Program Notes - The Moocher Class---

 

Let's take a look at a one-parent household of three.  Do I have to translate here?  We're talking about one unmarried female with two children.  Children which she, in all likelihood, couldn't afford and knew full well that she wouldn't be able to afford to raise when she conceived them.  If this woman works full time at a minimum-wage job she will earn $14,500 a year and she will pay not one penny of income tax to the federal government.  Fact is about 47% of all wage earners in this country pay no federal income taxes whatsoever.  But back to our single mother:  The $14,500 isn't the end of it.   She will have to pay for child care.  There will be payroll taxes and state income taxes (we're using Mississippi for this example.)  That leaves her with just a few thousand dollars.  Then you start adding all of her entitlements.  There's the Earned Income Tax Credit, Food Stamps, the school lunch program, Medicaid and CHIP, her Section 8 rent subsidy; and, of course, her utility bill assistance.  When you add it all up our minimum wage single mother of two has nearly $38,000 of disposable income.

Now ... let's look at a single mother of two earning $60,000.  She, too, is going to have to pay payroll taxes, child care and the state income tax, though she will still be in the 47% that don't pay federal income taxes.  But ... she gets no EITC, no food stamps, no Section 8, no CHIP and Medicaid, and no help with her utility bills.  In the end her disposable income (after taxes and child care) is about $34,400.