Amazon.com Review
Thank God the U.S. government has begun to cut funding of the arts, humanities, and social services ... but what are they going to do with all that surplus cash? Although the popular media has been largely mum about it, most of the welfare payments go to large corporations in the form of tax write-offs, subsidies, and plain old handouts. This frightening and enlightening book by the editor of
The Tucson Comic News (a monthly collection of comic strips and panels) traces the flow of money into such worthy projects as subsidizing nuclear power plants (the last one was finished in 1973, but that doesn't stop the U.S. government from spending $7.1 billion a year on this vapor industry), tax breaks for the tobacco industry ($41 million last year), and corporate expense account write-offs ($5.5 billion last year). Read it and weep.
Product Description
This tightly written, fact-filled book covers the S&L bailout, subsidies to the agriculture, airline, automobile, chemical, energy, logging, media, mining, oil and weapons industries, tax loopholes for accelerated depreciation, advertising, banking, business meals and entertainment, capital gains, insurance and overseas marketing, and much more. Tables, charts, illustrations.
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