EWG releases report on billionaires
November 07, 2013 | 06:51 PM
The Environmental Working Group today released a report showing that people on the Forbes 400 list of billionaires or businesses in which they invested benefited from farm subsidies between 1995 and 2012.
The analysis of billionaires and their businesses benefiting from $11.3 million in farm subsidies from 1995 to 2012 is based on commodity and disaster assistance, and not conservation subsidies, although the entry for each entity also includes conservation subsidies.
EWG favors income limits on commodity subsidies, but in past farm bill debates has opposed income limits on conservation subsidies.
The analysis of billionaires and their businesses benefiting from $11.3 million in farm subsidies from 1995 to 2012 is based on commodity and disaster assistance, and not conservation subsidies, although the entry for each entity also includes conservation subsidies.
EWG favors income limits on commodity subsidies, but in past farm bill debates has opposed income limits on conservation subsidies.
