The Government Is Quietly Giving Way More Housing Aid To Rich People Than Poor People

[xchrom]

http://www.businessinsider.com/the-government-is-quietly-giving-way-more-housing-aid-to-rich-people-than-poor-people-2013-12



The Center for Budget Policy Priorities released a number of charts today that shows how much the federal government favors high-income households over low-income ones in housing benefits.

This largely results from the fact that homeowners receive significantly more aid than renters and high-income Americans are much more likely to be homeowners.

In 2012, the federal government gave out $240 billion in housing aid. Income data is not available for all of it, but of what is available, more than half went to those with incomes greater than $100,000 ($81.6 billion). Only $40 billion went to those with incomes less than $50,000.

Overall, high income households receive four times as much in housing aid as low-income ones.



Read more: http://www.businessinsider.com/the-government-is-quietly-giving-way-more-housing-aid-to-rich-people-than-poor-people-2013-12#ixzz2nvGummO5

[Scuba]

1. Government benefits the wealthy much more than the poor. No surprise there.

Thanks xchrom.

[xchrom]

2. ...

[FatBuddy]

3. when the poor start writing hefty campaign donation checks

then they will have a voice. until then, they'll just have to settle for lip service, school-to-prison paths, and further humiliation.

it's a pay-to-play system.

money talks, everyone else gets fucked.

[gollygee]

4. That's because it includes property tax deductions

If you're opposed to deductions for property taxes, you should just write that. Or the article in the OP should.

[Niceguy1]

5. I'm not sure what I hate more

misleading OP's like this one or people that claim that tax deductions are aid or subsidies.

[badtoworse]

6. +1

[El_Johns]

13. I agree that if the OP is talking about tax deductions, that should be made clear. OTOH,

are tax deductions not "aid or subsidies"?

[snot]

7. K&R'd.

[jsr]

8. Recommend

[Demo_Chris]

9. When the poor get a political party they will get representation. Until then no one cares. nt

[bvar22]

10. When the Working CLass & The Poor realize...

Many Latin American countries have successfully wrested their governments from the hands of their 1% in near bloodless Ballot Box Revolutions. They have given us the Blue Print,
but you won't hear about it in the US Media, or from US politicians.
Both Parties are in agreement that the Populist Revolution in Latin America MUST be condemned,
and the populist Presidents, elected in transparent elections, MUST be demonized.

When the American Working Class & The Poor realize that we have more in common with each other
than we have in common with the RICH 1% and their Mouth Pieces in Washington,
then we can have "change" too!

Until then.... the Status Quo will prevail.

Economic Justice IS the biggest "Social" Issue.


Viva Democracy!
I pray we get some here soon!



[font color=firebrick size=3][center]"If we don't fight hard enough for the things we stand for,
at some point we have to recognize that we don't really stand for them."
--- Paul Wellstone[/font][/center]
[center][/font]
[font size=1]photo by bvar22
Shortly before Sen Wellstone was killed[/center][/font]

[font size=5 color=firebrick]Solidarity![/font]

[mathematic]

11. Let's see how many +1s you get before people realize they're the "rich people"

A delightful experiment!

[Hydra]

12. The people you're talking about here on DU don't rec threads like this

They usually pop in to say that the people on top need the help, otherwise nobody would be be getting the help because our economy would collapse.

Xchrom is good to post all of this for those of us at the bottom or those a little higher up who actually care what's going on.