We often hear a lot, especially from those who want to tear them down, about the top 1 percent. We don't hear nearly as much about the bottom 1 percent. Who are they? Where are they? Why are they in the bottom 1 percent? And what should we do about them?
It turns out that about two thirds of the people in the bottom 1 percent are in U.S. prisons. And of these people, a few hundred thousand are there for victimless crimes. Letting them out would help them and save us taxpayer money. That’s a win-win.
ok, I will bite. Go ahead. how much exactly are the American taxpayers spending?
One thing that our taxes are spent on is keeping people in prison. According to a 2010 report from the Center for Economic Policy Research, we taxpayers are paying about $25,000 a year per prisoner to keep them there. In California, where high-income people are taxed particularly harshly, we pay about $47,000 per prisoner per year.
HOLY MOLY!, cant we ship them to Australia?
So let me get this straight: High-income people are paying lots of taxes so that the government can put poor people in prison and keep them poor or put non-poor people in prison and make them poor.