Quote from riddler:
how much is taken out f our pay checks/ taxes for welfare? i am reading its a very small amount..
is it taken out of property taxes as well as our payroll tax from paycheck?
https://www.google.com/search?q=pie...ZAuqP0QHLk4DYCA&ved=0CEsQsAQ&biw=1280&bih=857
It might be well to define "welfare" before delving into this question. If you restrict it to the federal level and define it broadly as money that is transferred, directly or indirectly, from you to other citizens and private for profit corporations via taxes you paid, then it is quite a large figure. If you leave out corporations then it is a substantial, but a lower amount. If from the latter you leave out indirect welfare, such as the modest subsidy of low earners by high earners in social security payments, it gets even smaller, and includes such things as food stamps, payments to mothers with dependent children, medicaid, pell grants, etc. This amount is very small viewed against the entire federal budget, and still fairly small viewed against just the discretionary budget.
An examples of corporate welfare would be your subsidy of Walmart Corporation. By keeping the minimum wage low, you subsidize the Walmart employees that qualify for public assistance. In return you can recover this subsidy in lower prices to the extent you shop at Walmart. You might prefer a minimum wage of $15/hr and shopping elsewhere. Another example would be foreign aid which is 80-90% spent on U.S. manufactured military equipment. This is, of course, an indirect subsidy by you of the private defense industry. In the 19th century millions of acres of Federal lands were given to private railroad companies. Was this welfare or was it an investment of a public asset? So the question you ask is not a simple one, unless you first define what you mean by welfare, and even then it is not so simple.
Usually your property taxes would be used to support the expenses of local and/or sate government and its operations, such as the public schools, city hall, etc., and as such are not welfare. It is possible that some of your property taxes, depending on where you live, might subsidize state or local welfare programs, or contribute to matching money for federal welfare programs such as medicaid. You also might help fund, or at least back bonds for a new football stadium for your local, privately-owned pro football team to play in. Is this welfare, or an investment? Your reward for taking on the risk of default on those bonds would be any additional profit you made because of the existence of a pro-team in your town, or barring that the intangible value to you of being able to cheer for your local team.
This business of welfare is complex. The liberal democrat will define it differently than the libertarian. Sometimes it is nearly impossible to know what is welfare and what isn't. For example, a pell grant might be viewed by one person as welfare and by another as a government investment. You can always fall back on the dictionary definition which you will find is no help at all!
