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Strategies & Market Trends : Currents of Currency

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To: Ahda who wrote (64)	6/11/2003 3:39:51 AM
From: GUSTAVE JAEGER	Read Replies (1) of 594

Re: Goes completely against how to create a bustling economy by means of government sponsorship and credit sales to stress out those that cannot afford to pay the bills. Corporate Welfare Each year, U.S. taxpayers subsidize U.S. businesses to the tune of almost $125 billion, the equivalent of all the income tax paid by 60 million individuals and families. These corporations receive a wide range of favors: special corporate tax breaks; direct government subsidies to pay for advertising, research and training costs; and incentives to pursue overseas production and sales. While Congress institutes dramatic cuts in funding for traditional support programs for individuals and families, corporate giants continue to live off the dole. Each dollar spent on these "aid for dependent corporations" welfare programs means one dollar less for environmental programs, support for education, assistance to those in need, tax breaks for families, or deficit reduction. Public Citizen is helping to lead a major push to reduce corporate welfare. citizen.org

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