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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: TimF who wrote (283033)4/4/2006 7:36:49 PM
From: Road Walker  Read Replies (1) | Respond to of 1574002
 
OK, I Googled "corporate sudsidies" and this was the first site thar came up (obviously old)---

Corporate Welfare Information Center

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"The $150 billion for corporate subsidies and tax benefits eclipses the annual budget deficit of $130 billion. It's more than the $145 billion paid out annually for the core programs of the social welfare state: Aid to Families with Dependent Children (AFDC), student aid, housing, food and nutrition, and all direct public assistance (excluding Social Security and medical care)."
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"After World War II, the nation's tax bill was roughly split between corporations and individuals. But after years of changes in the federal tax code and international economy, the corporate share of taxes has declined to a fourth the amount individuals pay, according to the US Office of Management and Budget." --Boston Globe series on Corporate Welfare

corporations.org

I could probably make a career out of this argument. But if you don't believe that a tax break for a multi-Billion dollar industry, over another, isn't a sudsidy then you are beyond redemption. You are living on another planet than the rest of us, including the Congress that debates corporate subsidies every day.