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Politics : Formerly About Advanced Micro Devices
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To: SilentZ who wrote (803375)8/25/2014 3:07:43 PM
From: Tenchusatsu1 Recommendation

Recommended By
Brumar89

   of 1578370
 
Z,
But they don't subsidize oil, corn, etc, the way we do.
What are you talking about? Europe taxes the heck out of oil. More than half the price you pay at a European gas station goes toward taxes.

The EU also spends much more on farm subsidies than America does, at least according to Wikipedia:

en.wikipedia.org
In 2010, the EU spent €57 billion on agricultural development, of which €39 billion was spent on direct subsidies.
The United States currently pays around $20 billion per year to farmers in direct subsidies as "farm income stabilization"[12][13][14] via U.S. farm bills.
Tenchusatsu
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