Sunday, September 22, 2013

Corporations Get Billions in Welfare: Why Cut 40 Million in food stamps from the Poorest?


It’s perverse to weaken our nation’s first line of defense against hunger and poverty by $4 billion per year while giving hundreds of billions to big corporations that don’t need them. Here are a few examples of what your hard-earned tax dollars are spent on:
  • $7 billion per year subsidizing the oil industry.
  • $600 billion—15 times the value of proposed food stamp cuts—over a decade by allowing corporations to stash cash overseas.
  • $1 trillion over a decade be allowing special tax exemptions and loopholes for multinational corporations and wealthy households.
  • $137 billion over a decade by not negotiating prescription drug prices.
  • Over $20 billion per year on farm subsidies.


http://www.nationofchange.org/10-farm-subsidy-recipients-who-voted-cut-food-stamps-1379857259

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