Tag: taxes

US “COVID Relief” Was Enough To Give Every Taxpayer $41,870 But We Got Peanuts Instead

President Biden just signed his sweeping $1.9 trillion spending package into law. Once this bill hits the books, total taxpayer expenditure on (ostensibly) COVID relief will hit $6 trillion—which, roughly estimated, comes out to $41,870 in spending per federal taxpayer.

Did you see anywhere near that much in benefit?

The sheer immensity of this spending is hard to grasp. For context, $6 trillion is more than one-fourth of what the US economy produces in an entire year, according to Fox Business. The COVID spending blowout is at least eight times bigger than the (inflation-adjusted) price tag of President Franklin Delano Roosevelt’s “New Deal.”

Moreover, the COVID spending bills have all lost huge sums of money to unrelated carve-outs, politician pet projects, corporate bailouts, fraud, waste, and worse.

In the latest $1.9 trillion package, more than 90 percent of the spending is not directly related to containing COVID-19. Only 1 percent of the money, about $15 to $20 billion, is spent on vaccines. Meanwhile, hundreds of billions go to bailing out poorly managed state governments’ budget holes that predate the pandemic and $86 billion rescues failing pension plans. Meanwhile, billions more go to Obamacare expansion and subsidizing public schools long after the pandemic.

And that’s just scratching the surface.

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Cop Crushes Harmless Hippie to Death With Bulldozer for Growing Cannabis — Taxpayers Held Liable

As TFTP reported, Pennsylvania State Troopers garnered national attention following a deadly officer-involved incident whereby a man was killed by a bulldozer commandeered by one of their officers. Gregory Longenecker, 51, was run over by the bulldozer and killed as the PA State Trooper and the dozer operated by the PA Game Commission were supposedly attempting to flush him out. After police refused to hold their own accountable, Longnecker’s family is seeking justice in the form of a lawsuit.

After battling for justice for several years, it was announced this week that the state of Pennsylvania will pay $475,000 to the Longnecker estate — an insultingly small amount considering this man was crushed to death by cops in a bulldozer for growing a plant that is legal in many states.

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Congress Wants to Give the Establishment Media a Massive Handout

If there is one force in society worse than Big Tech, it’s Big Media – mainstream, establishment, and corporate media.

Yet a bill currently making its way through Congress would give a massive handout to the latter, ostensibly justified by criticism of the former.

The bill, introduced by Rep. David Cicilline (D-RI), is titled the “Journalism Competition and Preservation Act of 2019,” and it is a particularly troublesome piece of legislation, even by Democrat standards.

The title of a bill is quite deceptive. Far from promoting “competition,” the current version would instead cement the advantage of the establishment and corporate media at the expense of its competitors.

It would give Big Media companies a special exemption from antitrust law, allowing them to form a cartel that would, under normal circumstances, be illegal to create. But why should these establishment news companies be given a special exemption from antitrust law to negotiate on their own behalf something that applies only to their select few and not to all news companies and journalists? Of course, they should not.

Furthermore, there is nothing in the bill that would prevent the bigger media companies from excluding smaller companies from the cartel. If passed, there would be nothing to stop the formation of a cartel that includes CNN, NBC, MSNBC, the New York Times, the Washington Post, and other big companies, while excluding smaller competitors in the independent media — not to mention local newspapers. Such a cartel would secure favorable rates for the former while leaving the latter in the dust.

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