We need policy change, and the most important thing people can do is to contribute and participate in the political process. We have to vote climate change deniers and people who will create subsidies for the fossil fuel industry out of office. We have to protest when bad decisions are being made about fracking or tar sands.
The U.S. fiscal union has worked, in no small part, by enabling subsidies to the Mississippis without requiring the approval of the Minnesotas. It creates an important form of insurance.
We've seen filibusters to block judicial nominations, jobs bills, political transparency, ending Big Oil subsidies - you name it, there's been a filibuster.
The whole tax code should be looked at, all the way from farm subsidies to carried interest to - to corporate loopholes, because we really need to raise more revenue.
Corn is already the most subsidized crop in America, raking in a total of $51 billion in federal handouts between 1995 and 2005 - twice as much as wheat subsidies and four times as much as soybeans. Ethanol itself is propped up by hefty subsidies, including a fifty-one-cent-per-gallon tax allowance for refiners.
To achieve policy stability and certainty, we need to establish a meaningful price on carbon and cut the billions of dollars spent each year on fossil-fuel subsidies, along with well-structured financial tools and rules.
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.
My house is solar powered. I tell Republicans, you can hate the subsidies - I hate the subsidies, too - but you can't hate solar panels. These are rocks that make electricity, so they are incapable of receiving your hate.
Government subsidies to elite private universities take the form of tax deductions for people who make charitable contributions to them.
Far from trying to rig the system, I have spent decades opposing cronyism and all political favors, including mandates, subsidies and protective tariffs - even when we benefit from them.
In order for Obamacare's cost structure to work, millions of Americans must sign up to pay inflated prices; that would help pay for the subsidies to cover insurance company costs on those with pre-existing conditions.
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.
