That sum “is $152 billion, or 3.9%, more than they will spend on housing, food, and clothing combined,” says the tax research nonprofit.
Moreover, a greater percentage “of government benefits now go to pay for those same basic expenses of low-income Americans,” it says.
The Tax Foundation says it has been studying “the trends of tax collections and expenditures on housing, food, and clothing for the past several decades.”
Latest posts by Kelsi Brown (see all)
- Fast & Furious: DOJ Leaked Documents To Smear Whistleblower - May 21, 2013
- Treasury Secretary: Raise the Debt Ceiling; It’s “Not Open to Debate” - May 21, 2013
- Obama & The IRS: The Smoking Gun? - May 21, 2013