Let’s look at an example of where millionaires in the United States receive about $30billion annually in government subsidies according to a report recently released. The 37-page report named,’Subsidies of the Rich and Famous” details government payments provided to individuals with an annual gross income of at least $1million.
“According to Wikipedia: A subsidy is assistance paid to a business or economic sector. Most subsidies are made by the government to producers or distributors in an industry to prevent the decline of that industry (e.g., as a result of continuous unprofitable operations) or an increase in the prices of its products or simply to encourage it to hire more labor (as in the case of a wage subsidy). Examples are subsidies to encourage the sale of exports; subsidies on some foods to keep down the cost of living, especially in urban areas; and subsidies to encourage the expansion of farm production and achieve self-reliance in food production.”
There are numerous fraudulent subsidies unevenly distributed that reach into the billions. However, looking at the example given in the recent report of how rock star Jon Bon Jovi, who’s net worth is estimated to be $75 Million, (who’s songs are about someone having a hard time, but rising above it), only paid $100 worth of property taxes in the last fiscal year because he uses his land to raise bees – because of this, he receives government subsidies.
Having that kind of money certainly rises one ‘above it’ – the ‘it’, is extremely relevant when referring to the millions of people who are in deep shit, struggling and suffering and many not surviving – while the rich stroke each other’s ego’s with much help from us – who accept and allow it.
Bruce Springsteen, who’s net worth is estimated at $200 million got money back for leasing land to an organic farmer. The report goes on and on and all of the subsidies come through unemployment checks, Social Security payments, and numerous tax credits. The report notes that in tax year 2009, nearly 1,500 millionaires paid no federal income tax. There are also tax write-offs for gambling losses, vacation homes, and luxury yachts to subsidies for their ranches and estates.
Simply put, the government is subsidizing the lifestyles of the rich and famous! What’s insane is how we observe the lifestyles of the rich and famous – all the millionaires and billionaires for that matter, and yet, we continue to support them. There is a real solution that will bring an end to the insanity. The solution is Equal Money and one that must be thoroughly investigated by everyone of us.
In an Equal Money System – all subsidies will end for the ‘Rich and Famous’ and all of the hypocrisy surrounding the distribution of subsidies will end. Equal distribution with Equal Money will assure that the basic needs of everybody is secured and distributed according to what’s best for all. People will begin to redefine themselves and their life outside the framework of enslavement to one that is self-responsible and supportive of all life.
Every living being will have their basic needs met including education and healthcare to support themselves to have a dignified life. And, one they are able to manage responsibly according to what’s best for all.
We will no longer be servants of the few who hold a title according to how much money they have. Instead we will each become a guardian of life – one that protects and preserves life providing the resources and management required to support a system/network of Equality for and as all LIfe into eternity.
Investigate and Support Equal Money
Complete article: ‘Subsidies of the Rich and Famous”