Re: That might be true if people put their profits in their mattress
For example, I remember hearing congressional testimony on CSPAN several years ago that stated if you took all of the federal funds allocated to help the poor and divided it by the number of the poor, it came to about $50,000 per family. However, as much as 80% of that funding went to government overhead.
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Thus, the reverse income tax solution was proposed. You just fill in the form showing your low income and viola! yo gets yoself a check! Only Fed employees needed are some audit dudes to catch fraud. The bad news is not lotsa federal jobs (read votes for congresscritters).