Avg. family pays $6K/ year in subsidies to Big Business

 

Last updated 4/23/2014 at 4:41pm



$6,000. That’s over and above payments to big companies for energy and food and housing and health care and all our tech devices. It’s $6,000 no family would have to pay if we truly lived in a competitive but well-regulated, free-market economy.

The $6,000 figure is an average, which means that low-income families are paying less. But it also means that families (households) making over $72,000 are paying more than $6,000 to the corporations.

1. $870 for direct subsidies and grants to companies

The Cato Institute estimates the federal government spends $100 billion a year on corporate w...



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