Oddly enough, one of the most conservative members of Congress are warning the public that the federal Government has indulged in rich at the expense of the poor and middle class.
Senator Tom Coburn, an Oklahoma Republican, registered by the American Conservative Union as one of only 12 Senators with 100 percent ratings. But the 36-page report, "Subsidies from the rich and famous," reads like a product movement captured Wall Street. This shows that he knows that something big is going on in American politics: the increasing recognition of the fact that the rich are getting rich quickly over the poor and middle class.
The report is the first comprehensive compilation of government benefits enjoyed by millionaires, defined as individuals with annual adjusted gross income of $ 1 million or more. Since may, Senator Coburn has a staff of 21 Government collect data on all kinds of payments and benefits for millionaires.
Most of the payments and benefits legal under the law is present. He called for new laws to make millionaires to pay their own way and to cut their profits to social security and Medicare and stop them tax deductions for items such as agricultural programs, summer houses, yacht, foreign travel and art contributions.
Among the nuggets in the report long is a millionaire's acceptance of $ 316 million in agricultural programmes in the period 2003-2009, more than $ 9 billion in social security from 2004 to 2008, $ 7.5 million catastrophe insurance from 2007 to 2010, $ 74 million unemployment benefits from 2005-2009, and $ 607 million in cost-cutting business entertainment from 2006 to 2009.