....subsidizing the 1%:

http://tinyurl.com/k42wklp


Excerpt:

It is possible
for the first time to estimate the share
of total state and local economic
development awards going to big
business. The data show a very high
degree of concentration: we estimate
that at least 75 percent of cumulative
disclosed subsidy dollars have gone
to just 965 large corporations, even
though these companies account for
only about 10 percent of the number
of announced awards.

We can also for the first time identify
which companies have received the
most cumulative awards, both in
dollar terms and number of awards.
In dollar terms, the biggest recipient
by far is Boeing, with a total of more
than $13 billion, reflecting the giant
deals it has gotten in Washington and
South Carolina as well as more than
130 smaller deals around the country.

The others at the top of the cumulative
subsidy dollar list a Alcoa ($5.6
billion), Intel ($3.9 billion), General
Motors ($3.5 billion) and Ford Motor
($2.5 billion). A total of 17 companies
have received cumulative subsidy
awards worth more than $1 billion; 182
have received awards of $100 million
or more. (See table below for a list of
the top 100.)

These awards have gone not only to
the corporate parents but also to their
divisions and subsidiaries. For example,
subsidy awards worth more than $1
billion have been given to Warren
Buffett’s Berkshire Hathaway by way
of its holdings such as Geico, NetJets,
Nebraska Furniture Mart, General
Re Corporation, Lubrizol Advanced
Materials, and Webb Wheel Products.