Post

what about subsidies to Agriculture, JBS, Cargill et. al.?

Brilliant!

Quite ridiculous really …

Over $100 Billion on that list alone. $100 Bullions in waste.

I never see any worry over starving children. Ever.

Boy, I have lots of questions about this corporate welfare list.

Just like they don’t call the GOP led welfare states Socialism- my favorite go to for Magas…🤷‍♀️ wallethub.com/edu/states-m...

This is prime example of oligarch rule.

It's normal for Republicans in general. In Utah we have Utahns #1 eviction attorney on our state Legislature passing landlord/tenant laws. It's absolutely asinine.

Thom, I've been a fan since you lived in my hometown (City of Roses). It's so nice to see you here!

Excellent

Rather dwarfs food stamps eh?

And we know what will happen to these subsidies unless some of them have annoyed the king.

It pisses me off when I see this.

Many of these are State and Local Tax Credits. The 3 big ones at the top are a Megadeal some massive program created in the 1970s. Click the link if you want some more info.

Per that other site I posted. subsidytracker.goodjobsfirst.org/parent/walt-...

Not only have the oligarchs bought our government, our government subsidizes the oligarchs. What a deal for those of us who pay most of the taxes.

Disney gets subsidies and pays Trump millions of dollars what’s wrong with this picture?

Instead, they want to take from the poor people who actually paid into the funds they are receiving back while billionaires and their companies skate the system.

Anything that gets money back is better than the current government gravy train the companies are getting.

And that f’n Rand Paul tried to amend the CR with an amendment to raise the retirement age to 70. F him!

Which of those are related to the Chips Act? Micron sure looks like the Chips Act amount

And Boeing will get trashed in my Year-in-Review essay.

Why are there no oil/coal/gas companies on this chart? The specific list of subsidies skips "intangible drilling" and %depletion...

No SpaceX?

Corporate Welfare Queens!

why do any f these companies get subsidies?

Tesla has never paid a nickel in federal income taxes.

It is run by one of the wealthiest men in the world, Elon Musk, who as of the end of 2023 sat on a personal fortune of $251 billion — built in no small part on the value of his Tesla stock. But despite the huge and growing wealth of the corporation and its principal owner,

An excerpt from the article. The Terrible 10: Case Studies Tesla 5-year Executive Pay: $2.5 billion 5-year U.S. Profit: $4.4 billion 5-year Federal Income Tax: -$1 million (0.0%) Tesla began 2024 as the 8th most valuable corporation in the world with a market cap of nearly $800 billion.

Following my own advice found this article, haven't read it yet but thought I'd share for all that seem interested. It is along the lines of our comments. ips-dc.org/report-corpo...

Also found this related to the chart. subsidytracker.goodjobsfirst.org/parent-totals

BTW is this the only place show followers gather and comment? I would love a discord server, online chat room, Real LIFE IN PERSON group to get out there and do my part. In particular get the FICA SS Tax Cap of 176,100 raised to save SS, create equity, and truly guarantee one safety net.

Much like the list of articles that Thom releases daily that guide his show comments/material/content the point of this is IMO is to drill down more on the data. I went to Visual Capitalist and there is an article attached with explanations of each subsidy. The other comments here "RESEARCH".

SpaceX has received more than $19 billion from contracts with the federal government

America would be in a surplus.

That would be a great start!

So much socialism... lol 😃

And these numbers don't include the billions in US weapons to Israel and Ukraine. Those are subsidies too.

This is over 24 years. Just make multi millionaires & billionaires pay their fair share & raise corporate taxes to match the % of what the average people pay

Agree..makes more sense to subsidize a company to keep the jobs here in the US but not year after year… like we have with oil and corporate farm subsidies ( not including subsidizing small Farmers that it was designed for)

The last 4 subsidies are from 2024 and 3 from 2023. They are termed Data Center. I would guess that is call center and 4 places gave tax breaks. MS, Oregon twice, and Virginia to have them built there for employment. 259 million in Mississippi for a Data Center. A bribe for jobs. Oligarchy.

goodjobsfirst.org/amazon-track...

Cut the fat cats. Cut the corporations. Cut the millionaires and billionaires from welfare.

Thanks, Thom, but I doubt Vivek and Elon follow you.

This is not subsidy, though this is Corporate Welfare These are the biggest Welfare Queens @civicmedia.us @jmatenaer.bsky.social @harveyjkaye.bsky.social @jeffsantosshow.bsky.social

Where's SpaceX?

Why in the f$@&% are some of these companies getting govt subsidies? Amazon, Disney, really?

Thank you for finding that part I was unaware that it still got cut by 65 million.

Right on Thom! Elon is at DOGE to protect his own interests and distract us towards social programs.

Doesn't matter. The company should pay for that. Or at least pay taxes.