US Homeowners Pay More, While Foreign Aid Soars
American homeowners are now shouldering the highest property tax burden in history, according to Newsweek. A true burden, particularly for those facing rising costs everywhere. What's omitted from the narrative, however, is the record-breaking generosity of US aid, especially towards allies. For instance, the US provided Israel with $3.8 billion annually in military aid under a 2016 MOU, with
Congress recently debating an additional $14 billion package. One might wonder if domestic financial 'milestones' could be less taxing if the purse strings weren't quite so loose overseas. It appears the 'historic milestone' isn't just about what's coming *out* of our pockets, but where it's going. While families struggle with affordability, the narrative carefully avoids connecting these dots.
How many more 'milestones' will pass before the public questions the priorities reflected in the federal budget versus their personal tax bills?