Administrative funding is primarily based on state taxes, not federal (muh states rights). Four of the top 6 states in terms of percentage of population receiving SNAP benefits (Mississippi, Louisiana, West Virginia, and Tennessee) are red states. some economists estimate that for every SNAP dollar spent, $1.84 is generated for the economy of the country (I don't think you'll find that number as high for anyone's golden parachute, but I could be wrong). Less than one cent out of every SNAP dollar is trafficked, or spent fraudulently, according to virtually every audit.
I know that I'd rather invest a dollar of my state withholding in SNAP per paycheck than another dollar towards corporate tax relief to be reinvested into the stock portfolio of the COO of hyperglobalomnimeganet. But I suppose your mileage may vary.
anomalous-blur on June 7th, 2019 at 12:59 UTC »
But people need the newest billion dollar yacht to replace their new one
Dingus-ate-your-baby on June 7th, 2019 at 13:16 UTC »
Some basic facts about SNAP (food stamps):
Administrative funding is primarily based on state taxes, not federal (muh states rights). Four of the top 6 states in terms of percentage of population receiving SNAP benefits (Mississippi, Louisiana, West Virginia, and Tennessee) are red states. some economists estimate that for every SNAP dollar spent, $1.84 is generated for the economy of the country (I don't think you'll find that number as high for anyone's golden parachute, but I could be wrong). Less than one cent out of every SNAP dollar is trafficked, or spent fraudulently, according to virtually every audit.I know that I'd rather invest a dollar of my state withholding in SNAP per paycheck than another dollar towards corporate tax relief to be reinvested into the stock portfolio of the COO of hyperglobalomnimeganet. But I suppose your mileage may vary.
Sources: https://web.archive.org/web/20150712072931/http://www.fns.usda.gov/state-options-report
https://www.usatoday.com/story/money/personalfinance/2015/01/17/cheat-sheet-states-with-most-food-stamps/21877399/
https://blogs.wsj.com/economics/2013/08/09/food-stamp-use-rises-some-15-of-u-s-gets-benefits/
https://www.realclearpolitics.com/video/2011/08/16/
vverr on June 7th, 2019 at 13:31 UTC »
Is there anything more pathetic than a $10 an hour Trump voter telling us to be worried about a billionaire's tax rate?