driveby
Gold Member
- Sep 6, 2008
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Define subsidy and you'll see how dumb this post really is.........
Here below is a definition of a subsidy.
a sum of money granted by the government or a public body to assist an industry or business so that the price of a commodity or service may remain low or competitive.
https://www.google.com/#q=what+is+a+subsidy
Forgot to add links about JP Morgan's subsidies. I put a couple links below. You would be hard put to find the names large corporations or businesses not getting subsidies from the taxpayers by the way but if you, can, please post them. In the meantime, the Senator is well within her rights of questioning JP Morgan, Welfare recipient.
Daily Kos: 77% of JP Morgan?s Net Income Comes from Government Subsidies. Tax Payers are Victims of Losses
http://www.huffingtonpost.com/2012/06/19/jpmorgan-chase-government-subsidy_n_1608859.htm
The" welfare recipient" that pays 7.5 billion per year in corporate tax alone.......