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Number of Federal Subsidy Programs, 1970 – 2012
http://www.downsizinggovernment.org/images/charts/blocks/dfg-no_fed_subsidies-big.png
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“The benefits of [federal subsidies] accrue disproportionately to higher-income earners… [and] Eliminating [them] would increase economic growth and allow for lower tax rates, further increasing growth.”
http://mercatus.org/sites/default/files/TaxExpenditures_Horpedahl_v1-0.pdf
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Congress Moves to Create New Farm Subsidy at Time of Record High Crop Prices
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The History of Farm Bill Spending
http://mercatus.org/publication/history-farm-bill-spending
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“As it is, farm subsidies, commodity quotas, and tariffs largely enrich upperincome producers of grains, oilseeds, cotton, milk, and sugar and ignore most other commodities. It is time for farmers to assume responsibility for their business, just as business owners do in every other sector of the economy. A variety of options exist, including diversifying product lines, buying insurance at market rates, leveraging assets, and maintaining cash reserves.”
http://thf_media.s3.amazonaws.com/2012/pdf/ib3687.pdf
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Subsidies of the Rich and Famous
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The ACRE Program: A Disaster in Waiting
http://www.aei.org/docLib/ACRE-Program-working%20paper-Nov2011.pdf
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“Congress, the secretary of Agriculture, and [the Risk Management Agency] have been appallingly lax in their fiscal duty to taxpayers and the country as a whole. The current [crop insurance funds] delivery system is an extremely expensive way of subsidizing farmers.”
http://american.com/archive/2012/august/the-grim-reapers-of-crop-insurance
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The explosive growth of federal subsidies
http://www.americanthinker.com/blog/2011/12/the_explosive_growth_of_federal_subsidies.html
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SUBSIDIZING BIG WIND:
The Real Costs to Taxpayers
http://www.manhattan-institute.org/pdf/ir_25.pdf
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“Home ownership subsidies… In the wake of the [2008] financial crisis… have imposed costs that are large and clear. The benefits of such subsidies are, at best, small and vague.”
http://american.com/archive/2012/october/who-needs-home-ownership/article_print
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