Tom Coburn: $30 Billion In Millionaires Aid Is 'Sheer Washington Stupidity'

[Flaylo]

Tom Coburn: $30 Billion In Millionaires Aid Is 'Sheer Washington Stupidity'

Millionaires are receiving billions in taxpayer-funded support every year that helps them pay for everything from child care to bad debts to boats and vacation homes, according to a report released Monday by Sen. Tom Coburn.

People who individually earned more than a million dollars in 2009 even managed to collect a total of nearly $21 million in unemployment insurance.

"From tax write-offs for gambling losses, vacation homes, and luxury yachts to subsidies for their ranches and estates, the government is subsidizing the lifestyles of the rich and famous," wrote Coburn, an Oklahoma Republican, in an accompanying letter. "Multimillionaires are even receiving government checks for not working. This welfare for the well-off -- costing billions of dollars a year -- is being paid for with the taxes of the less fortunate."
Calling the giveaways "sheer Washington stupidity," Coburn detailed in the study more than $30 billion a year that comes out of the U.S. Treasury to aid people who make more than a million a year.

For Coburn, who describes his survey as the first-ever compilation of federal aid for the richest, such a startling figure makes no sense when most of the country is struggling to get by. He also thinks it reveals some sensible targets for Congress' stymied debt-trimming super committee.

"Even in these difficult times, the United States remains a land of opportunity and not everyone is in need of government handouts," wrote Coburn in the accompanying letter.

Watch the dumbass Repug bastards call him a RINO.

Talk about wealth redistribution.