Since 2004, the government has been paying about $9 billion in Social Security to people with 7-figure incomes. Last year, about 1,500 millionaires paid no income tax.
According to a report assembled by Sen. Tom Coburn, Americans earning more than $1 million collect more than $30 billion in government largesse each year. That amount is double what the government spends on NASA and three times the budget of the Environmental Protection Agency (EPA).
For more on this story, read the article by Daniel Stone in The Daily Beast. Link provided below:
