The financial sector receives more of the average paycheck than any other sector of the economy. Its share of the economy totals $2 trillion dollars. In 1985, the financial sector earned less than 16% of domestic corporate profits. Today, it’s over 40%. In the 1960s, finance and insurance accounted for only 4%…
Category: Corporate Welfare
Corporate Welfare
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Voters See ‘Corporate Welfare’ Programs As A Good Place To Cut Government Spending
15% of likely U.S. voters think the federal government should continue to provide funding for foreign countries to buy military weapons from U.S. companies. Seventy percent (70%) oppose this funding to promote U.S. arms sales.
Corporate Welfare
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Government Pays Doctors $44,000 to Use an iPad
Now starving doctors will finally be able to afford an iPad thanks to your generous tax contribution!
Corporate Welfare
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What Would Have Happened If We Let AIG Fail?
The average household in America had to shell out around $2000 to make sure that AIG’s counter-parties wouldn’t have to accept the risks they took.
Corporate Welfare
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Bailout Costs $16,000 per Worker
A clear examination of the true costs of the bailouts.
Corporate Welfare
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Historical Examples Show Government Intervention Only Prolongs Economic Downturns
We’re taxing successful, competently run businesses to subsidize irresponsible, poorly run businesses. Until we realize this simple fact, the previous trend of increased productivity and standards of living will only be a memory.