Corporate Welfare

[LIPTON BASH]

That's $72,166 a minute.

 

If you want I can define revenue , profit , and profit margin for you so you understand the difference .

[Twotoplace]

While I think you and I have had a decent and civilized arguement, what difference does it make how much Exxon or any other entity makes in a certain period of time when it comes to getting subsidies, government waste is government waste regardless to wherever it goes. To the profitable Fortune 500 to smaller closely held company on the verge of bankruptcy? I am more concerned what do the dollars provide for tax payers? If no real benefit, then cut the subsidy regardless to whether it went to Big Inc or a small farm. If a true benefit greater than the cost, great regardless to who the beneficiary is.

I read where some of these oil subsidies have been on the books from around the time of John D. Rockefeller. They all need to go away in X number of years or be renewed on an as-needed basis. Of course, that won't happen because money buys votes in Congress. Just look at the two senators from Oklahoma and the craziness of some of their stands.