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WELFARE FOR THE RICH
How Your Tax Dollars End Up in Millionaires’ Pockets -- And What You Can Do About It
Welfare for the Rich is the first book to describe and analyze the many ways that federal and state governments provide handouts—subsidies, grants, tax credits, loan guarantees, price supports, and many other payouts—to millionaires, billionaires, and the companies they own and run. Welfare for millionaire farmers comes to more than $50 billion annually. Subsidies to giant corporations exceeds $100 billion. This shocking waste of taxpayer money is rigorously documented in Welfare for the Rich, along with the political action committees, and special interest groups that keep this distorted system going.
What People are Saying
Welfare for the Rich masterfully documents how governments violate free market principles by passing laws that bestow special favors, subsidies, and power to the wealthy. Readers will share the righteous indignation of authors Phil Harvey and Lisa Conyers when they discover how their tax dollars are being wasted on pet projects and programs for the rich.
Harvey and Conyers offer concrete, feasible, fair solutions to end the thousands of government programs that are taking from the poor to give to the rich. Welfare for the Rich is based on thorough research that will make any normal person’s blood boil, as one ripoff after another is brought to light. Get angry. And then get real. Kudos to Harvey and Conyers for offering a realistic path to an equitable and just society.
As governor of New Mexico I became all too familiar with government programs and policies that favored the wealthy and well-connected at taxpayer expense. Today, citizens of all political persuasions can surely agree that taxpayer money should not be channeled to those who need it least. Thanks to Phil Harvey and Lisa Conyers for demonstrating the scope of this waste.
Conyers and Harvey describe—in infuriating detail—all the ways that the wealthy and the well-connected use the power of the state to divert your money into their pockets. This robust defense of free markets is both timely and terrifying.
The political left has long demanded government intervention to reduce economic inequality. Increasingly, the political right is joining in this call. Yet as Harvey and Conyers make crystal clear, government itself is a major contributor to inequality and more government programs will only make things worse. Far better would be to heed Harvey's and Conyers's humane proposition for less government by simply eliminating the government's costly "help-the-rich" programs.