Sorry, it ain't Wanda in the trailer park with 5 different kids from 5 different dads...............
$100 Billion of Corporate Welfare | MyGovCost | Government Cost Calculator
Let's view the big four on the list, because they drop off after that significantly:
(1) Agriculture: The BIG and RATIONAL fear is if we don't make our agricultural sector financially competitive it will be outsourced to cheaper LESS REGULATED countries such as China, Mexico and all of South America. We will then be dependent on outsource for our food as we are with oil. We can NEVER be dependent on imported food. It puts us at way too much of a vulnerable situation!
(2) Energy: Another item we can't live without. Believe it or not TAX BENEFITS here bring down energy costs. Even small increases have devastating ripals throughout the country's economy. Energy costs effect everyone from homeowners, renters, business owners, drivers, shippers etc.!
(3) Applied R & D: Do you know what jobs we are losing to India? R & D jobs. R&D jobs are high paying jobs that allow companies to maintain a competitive edge and develop new products. These new products enhance quality of life, keep America competitive and provide countless jobs.
(4) Housing: Where do you think alot of this money goes to? Cheap housing for power people. Construction in this country is a MAJOR employer of high paying jobs and a major purchaser of US based manufactured products such as pipes, tubes, tubes, air conditioners, steel, wood etc. They should have an incentive to buy more and build more.
See what people don't understand if you didn't give tax breaks to corporations, then business functions like R&D would be shipped over seas, because of our insanely high corporate taxes. Reduce the corporate taxes and eliminate the loop holes! What socialist don't understand is that welfare to people takes away incentive to work. Tax benefits to corporations creates or KEEPS jobs in America!
