Quote:
Originally Posted by RASTAMAN
Corporate welfare benefits are concentrated among knowledgeable Washington insiders and special interests, the costs are spread among millions of taxpayers who have little idea what they are funding. Politicians are far more likely to hear from farmers and business people seeking to preserve their handouts than from taxpayers who are sick of paying for them.
With the annual price tag estimated at $125 billion revealed in 1998, its estimated over the last 10 years, Corporate welfare has cost tax payers over 1.3 trillion dollars!!!!! And this esitmate is on top of the projected trillions of dollars in tax cuts during 8 years of the Bush Administration.
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Thats nothing compared to the 10 'TRILLION' dollars wasted on the war on poverty, the longest running war in US HISTORY. At least with corporate welfare there is the "possibility" of recouping some of the expenditure in the form of taxes and employment opportunities. And you speak as if a "tax cut" is some kind of loss. How can you lose something that belongs to someone else in the first place? This game has been going on for centuries with organized crime, in the old protection racket...there is no difference in the fact that a "beak" is being dipped into the product of someones labor. I believe there was actually a war started by someone for just such practices in the past...oh yea, a little conflict called the American Revolution. BD