A report obtained earlier this month by Newsweek reveals that Americans earning more than $1 million collect more than $30 billion in government tax breaks and even handouts each year. Celebrity examples include Jon Bon Jovi, who took federal dollars to raise honeybees on his property, Scottie Pippen, who received $210,520 in agricultural subsidies, and moguls David Rockefeller and Ted Turner, who have accepted more than half a million dollars in farm payments. And the stats don’t stop there: Since 2004, seven-figure earners have collected more than $9 billion in Social Security payments, and more than 1,500 millionaires didn’t pay a dime in income tax last year. If you’re looking for fodder to keep the Occupy riots fresh, this is it.
Don’t forget you can visit MyAlerts to manage your alerts at any time.