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Quote by Nicholas D. Kristoff and Sheryl WuDunn

“There are the subsidies to the wealthy like the carried-interest tax loophole or the mortgage subsidy for yachts. By some calculations, corporate subsidies, credits, and loopholes are 50% higher than entitlements to the poor, not including medicare and medicaid.Some of the other subsidies are outlandish. Put a few goats on your golf course and you can classify it as farmland, as President Trump did, and you can save large sums in taxes. The tax code has come to serve the wealthy in myriad of ways.”

Quote by Nicholas D. Kristoff and Sheryl WuDunn

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Nicholas D. Kristoff and Sheryl WuDunn

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“Sanders, and many other politicians, also voted for the 2014 Farm Bill, which continues a long tradition of using taxpayer money to subsidize farms. These well-intentioned subsidies pay for programs like “crop insurance, disaster payments, and counter cyclical payments, to name a few (Simon, p. 79, 2013). Oddly enough, as Simon points out, two-thirds of these subsidies go to the very foods the USDA recommends we limit in our diets while only two percent of them support the production of fruit and vegetables, which the USDA recommends we eat more of. Simon estimates that the U.S. gives 38.4 billion dollars a year to the growers of crops (soy and corn) that ultimately go towards animal feed for meat and dairy production.”

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