$0    

$20    

$40    

$60    

$80    

FEMA  budget   Tax  breaks  for  top  2%  

$Billions  

Tax  breaks  for  top  2%  cost  6  2mes  more  than  FEMA's  total  budget  

Federal  disaster  relief  is  expensive.  And  essenBal.    

ConBnued  tax  breaks  for  top  2%  is  expensive.  And  not  essenBal.  

Net  spending  by  US  Federal  Emergency  Management  Agency  (FEMA)  was  $10.9  billion  in  2012,  including:  Disaster  Relief  Fund;  NaIonal  Flood  Insurance  Fund;  state  and  local  aid;  emergency  food  and  shelter.  [www.fema.gov]      Cost  of  extending  2001  and  2003  tax  cuts  for  those  over  $250,000  is  $68  billion,  including  extending  33%  and  35%  brackets;  not  limiIng  personal  deducIons/exempIons;  extending  15%  rate  on  capital  gains/dividends.  [taxpolicycenter.org/taxtopics/TCE_Pres_v_CP.cfm]  

Extending  tax  breaks  for  top  2%  costs  more  in  just  two  months  than  a  year’s  worth  of  federal  disaster  relief  and  flood  insurance  

www.taxfairnesswi.org