Showing posts with label Poverty Guidelines. Show all posts
Showing posts with label Poverty Guidelines. Show all posts

Wednesday, May 21, 2025

HHS Poverty Guidelines for 2025

 The current average Social Security check is $1,999.97, minus $185 for the Medicare premium, equals $1,814.97 monthly, times 12 equals $21,779.64 annually.

 


Tuesday, August 14, 2018

Monday, October 23, 2017

Thursday, January 5, 2017

Medicaid enrollment, healthcare for the poor, has exploded by 46% under Obama

In 2009 Medicaid enrollment stood at 50.9 million, but in October 2016 it's 74.4 million.

Generally speaking, you are eligible when your income, if you have any, is up to 133% of the poverty guideline, which came to about $15,650 in 2015. In that year there were only about 52 million individual workers who earned up to that much.

Friday, June 12, 2015

Wednesday, October 29, 2014

Poverty guidelines 2014

As seen here.

Friday, February 8, 2013

Poverty Guidelines 2013

As shown here.

Wednesday, December 19, 2012

Tax Equality Would Expose The True Horror Of Federal Spending

The true horror of federal spending in America would be understood by everyone if we actually had tax equality, by which I mean if everyone paid the same rate of taxation on all income, regardless of source.

SocialSecurity.gov reports that there were 151,380,749 people in America in 2011 with net compensation of about $6.2 trillion. However, personal income was actually more like $12.95 trillion from all sources according to the Bureau of Economic Analysis. This total probably was distributed to more individuals than the above referenced 151.4 million workers, but that number will be close enough to illustrate the horror I am describing.

Let us assume we tax each person earning income individually, which we do not do presently for conservative reasons, and grant to each person earning income a poverty exception to taxation of the first $11,170, which is the federal poverty guideline for a one person household in 2012. Times the 151. 4 million workers or so, this exempts $1.7 trillion from taxation, leaving $11.25 trillion of personal income in 2011 to be taxed.

In order to generate the $3.8 trillion or so we spent at the federal level in the last year, everyone earning income from whatever source would have to pay a tax rate of 33.8% on that $11.25 trillion in order to have a balanced budget for the year.

I seriously doubt the 47% who pay next to nothing in taxes would be too happy to get that tax bill, but maybe they should, if we truly want to cut government down to size.

Besides, it's only fair.

Sunday, April 22, 2012

Poverty Guidelines 2012

As shown here.

Saturday, July 2, 2011