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Add It Up: The Average American Family Pays $6,000 a Year in Subsidies to Big Business

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Source: Paul Buchheit, Common Dreams, September 23, 2013

$6,000.

That’s over and above our payments to the big companies for energy and food and housing and health care and all our tech devices. It’s $6,000 that no family would have to pay if we truly lived in a competitive but well-regulated free-market economy.

The $6,000 figure is an average, which means that low-income families are paying less. But it also means that families (households) making over $72,000 are paying more than $6,000 to the corporations.

1. $870 for Direct Subsidies and Grants to Companies…
2. $696 for Business Incentives at the State, County, and City Levels…
3. $722 for Interest Rate Subsidies for Banks…
4. $350 for Retirement Fund Bank Fees…
5. $1,268 for Overpriced Medications…
6. $870 for Corporate Tax Subsidies…
7. $1,231 for Revenue Losses from Corporate Tax Havens…


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