Heres a breakdown of your Federal Taxes. Look and see where your money goes. ps. For all you who do not know what a subsidy is or what Corporate Subsidy means..... DEFINITION of Subsidy A benefit given by the government to groups or individuals usually in the form of a cash payment or tax reduction. The subsidy is usually given to remove some type of burden and is often considered to be in the interest of the public. What burden do the Oil Barons carry?.....They are making bigger profits than ever before!........What burden do the corporations having factories in China carry?......They sell products that cost pennies to make for hundreds of dollars......What burden does the Wallmart Corporation carry?.....They suck up more money than the oil guys take! A secret behind Wal-Mart’s rapid expansion in the United States has been its extensive use of public money. This includes more than $1.2 billion in tax breaks, free land, infrastructure assistance, low-cost financing and outright grants from state and local governments around the country. In addition, taxpayers indirectly subsidize the company by paying the healthcare costs of Wal-Mart employees who don’t receive coverage on the job and instead turn to public programs such as Medicaid walmartsubsidywatch.org/ investopedia/terms/s/subsidy.asp goodjobsfirst.org/corporate-subsidy-watch
Posted on: Fri, 31 Oct 2014 19:26:15 +0000
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