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The American Empire in a Changing World



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Wednesday, November 16, 2011

''U.S. Gives Millionaires $30 Billion a Year in Tax Breaks and Payments''

from allgov....


"America’s wealthy enjoy an average of $30 billion a year in help from the U.S. government, according to a study produced for Republican U.S. Senator Tom Coburn of Oklahoma.
 
Individuals earning more than $1 million annually have been taking advantage of numerous federal subsidies, as well as tax breaks, according to Coburn’s report. The financial assistance ranges from unemployment payments ($15 million a year) to farm subsidies ($45 million a year) to Social Security checks ($1.5 billion a year)"...........READ MORE

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