I have a two window boxes with flowers in them at home, but live miles away from a farm. If I add seeds to grow squash and corn, can I get a $1 million annual subsidy too? Sure seems like it.
The larger red blobs mark people receiving more than a quarter of a million dollars in farm subsidies annually.
The farm bill passed by House Democrats in July would continue giving millionaires farm subsidies (setting the income threshold for payments at $1 million a year, and keeping loopholes in place that allow some making much more to qualify).
The Bush administration has proposed sharply reducing the income threshold to $200,000 a year and ending many of those loopholes. That would reduce the number of subsidy recipients by less than 40,000 (of the current million or so recipients)—though I suppose it might put some rooftop gardens on Park Avenue out of commission.
Ladies and gentlemen, these are your tax dollars at work.
3 comments:
I need to plant some flowers in my front yard... but I can't afford the seeds because of my high property taxes..
I say.. Pimp the system b4 it pimps you.
This is a two- fold argument. It would be understandable to reduce the sudsidys to a certain limit for everyone. If that is done it would hurt the "Actual Farmers" whom life line comes from the produce that they sell. And by reducing the subsidy to a certain limit ($200,000) it could nearly destroy the survival for true farmers nation wide.
The House needs to come up with a way to add on to the bill not redraft a new one to limit millionaires who are not farmers to a certain limits on subsidy's. To be for real they should not be able to receive it at all!
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