Quotes About Subsidies

For too long, the system has been biased in favor of oil and gas developers: sweetheart lease deals, generous subsidies and a regulatory process so slanted in favor of Big Oil that often permit reviews are simply waived.

See Fineman (2004), 123: "We should transfer the social and economic subsidies and privilege that marriage now receives to a new family core connection—that of the caretaker-dependent.

many currently profitable conventional farming methods would become uneconomical if their true costs were incorporated into market pricing. Direct financial subsidies, and failure to include costs of depleting soil fertility and exporting pollutants, continue to encourage practices that degrade the land

Giving subsidies is a two-edged sword. Once you give it, it's very hard to take away subsidies. There's a political cost to taking away subsidies.

Shortly after Sisi was elected, his administration announced cuts of 'subsidies' on natural gas and energy consumption and lowered those for bread and other goods. Such action was taboo during the Mubarak and Sadat presidencies for over half a century, but Sisi was able to convince Egyptians he was taking necessary action.

Congress also refused to give the South subsidies proportional to those that went to the West and Northeast.

Southern rivers, ports, and harbors received a fraction of the funds devoted to the Eastern and Pacific states, and even the critical levees along the Mississippi River languished. For the rest of the century Southerners contended that the banking system, the tariff, and federal subsidies for internal improvements discriminated against the South, and they clearly did.

This was Whiggish free labor dependent on government subsidies, tariffs, and other interventions; it was far from liberal laissez-faire. It created a society that Southern Radical governments sought to emulate, but they lacked the resources and advantages that the federal government bestowed outside the South.

If [modern artists] hadn't lobbied for endless subsidies, they would have starved or been forced to go to work long ago. Because the ordinary bloke will not voluntarily pay for 'art' that leaves him unmoved.

The present situation is perverse. It is as if we were to subsidize the chemical industry to intentionally pollute rivers and lakes. Such subsidies would encourage additional pollution. If the industry were asked to limit the pollution, it would complain that its costs would increase. Would such complaints make us tolerate the pollution? Subsidizing banks to borrow excessively is just like subsidizing and encouraging companies to pollute when they have clean alternatives.

I'm against corporate welfare.

I want to get rid of corporate welfare.

The biggest and most deadly 'tax' rate on the poor comes from a loss of various welfare state benefits - food stamps, housing subsidies and the like - if their income goes up.

Bahrainis are better off than many other Arabs. We have a welfare state, everybody gets a salary whether they have a job or not. Electricity and food are subsidized; school and healthcare are free. And we don't differentiate between Bahrainis and foreigners. We are very proud of that.

Is keeping Big Oil happy with subsidies from the American people more important than addressing our deficit? Should a billionaire who makes a multi-million-dollar gift to a museum receive more tax bang for his charitable buck than a middle-class family who gives to their local church?

I can understand where the oil company wants to deduct the cost of drilling a well. That's one of the tax breaks for oil companies - the subsidies - they get to deduct the cost of the well the year you drill.

If we think that high marginal tax rates are bad because they distort incentives, the same is then true for tax subsidies.

The Joint Committee on Taxation estimated that in 2016, the corporate income tax raised $300 billion in revenue, while what it called 'targeted subsidies' cost about $270 billion. In other words, Congress could eliminate the subsidies and cut the corporate rate nearly in half without any significant loss in revenue.

Corporations do not pay taxes, they collect them, passing the burden to consumers as a cost of production. And corporate taxation is a feast of rent-seeking - a cornucopia of credits, exemptions and other subsidies conferred by the political class on favored, and grateful, corporations.

Taking money in taxes and paying it straight back in subsidies is wrong.

We'll never move beyond oil until we stop rewarding oil companies with ridiculous taxpayer subsidies and start making them pay for the harm they cause our families and our planet.

College has been oversold. It has been oversold to students who end up dropping out or graduating with degrees that don't help them very much in the job market. It also has been oversold to the taxpayers, who foot the bill for subsidies that do nothing to encourage innovation and economic growth.

Far too many businesses have been all too eager to lobby for maintaining and increasing subsidies and mandates paid by taxpayers and consumers.

In 2012, a hamburger cost Amtrak $16.15, with riders paying $9.50. This means that we, the taxpayers, are forced to pick up the tab for the remaining $6.65 through subsidies provided to Amtrak.