Entitled "Subsidies of the Rich and Famous," Coburn outlines billions for millionaires: $74 million in unemployment checks, $316 million in farm subsidies, $9 billion in retirement checks and more. Overall,
A report came out by Senator Tom Coburn from OK which says millionaires have received $9.5 billion in government benefits since 2003, and borrowed $16 million in government-backed education loans for college.
Some of the highlights of the report were:
NBA star Scottie Pippen , billionaire Ted Turner and Bruce Springsteen (for leasing property to an organic farmer) have collected taxpayer-funded farm subsidies.
Rock Star Jon Bon Jovi paid only $100 in property taxes last year on his extensive NJ real estate holdings because he "raises bees" on it; I raise kids and goldfish and live in a house not even 1/4 the size of this property,why am I paying thousands more in taxes a quarter?
Quincy Jones got a $25,000 award from the taxpayer-funded National Endowment for the Arts for his contribution to music.Really? What about all the suffering Music programs at schools around the country,apparently they aren't contribution enough?
I have to say call me crazy but there is something terribly wrong with this report....I think the protestors should really be Occuping Hollywood.
Here is a link to the report
