Corporations Receive $6,000 Per Family in Subsidies
By lucas@endneoliberalism On 23 Sep, 2013 At 12:15 PM | Categorized As Neoliberal Alert, Taxes | With 0 Comments

On average, each American family pays $6,000 a year to profitable corporations that outsource jobs, according to a Buzzfeed investigation. As an average, middle-class families earning over $72,000 give a lot more than $6,000 to the super-rich.

Big business suck billions of dollars from direct subsidies and grants, incentives, interest rates, retirement funds, corporate tax subsidies, and revenue loss from tax heavens. This money goes directly to shareholders and CEO’s. Families may lose their income at any given time because these multinational corporations continue to send jobs away even when they have incurred record levels of profits for the past 4 years.

When destitute, America families find that the taxes they paid did not accumulate to a decent safety net that allows them to pay their mortgage while they find a new job or afford an education to upgrade their skills and even become job creators themselves. Libertarians like Rand Paul campaign against food stamps and affordable health care while looking the other way to the huge waste of tax dollars and, ultimately, theft being perpetrated by the One Percent.

Picture credit: DonkeyKotey CC BY 2.0

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