Subscriber Special: Harvesting U.S. Farm Subsidies 11_farm_subsidies

August 8, 2018 09:00 AM
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"Today, farm subsidies have grown so lucrative that wealthy investors, large corporations, and farm-estate heirs use taxpayer money
to maximize their personal returns."
 
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Farm subsidies were never intended to become welfare for the wealthy. 
 
Launching today in an editorial at Real Clear Politics, our newest oversight report, Harvesting U.S. Farm Subsidies catalogs $13.2 billion in farm subsidies flowing to nearly 958,000 recipients (FY2017).
 
Consider some examples of the modern-day farm subsidy:
 
  • Residents in America’s five most populated cities received $18 million in farm subsidies over a three-year period, including Chicago ($7.7 million), Houston ($5.8 million), New York City ($2.8 million), Los Angeles ($1.6 million), and Philadelphia ($309,000). 
 
  • In fiscal year 2017, $4.8 million in farm subsidies flowed to the upper-middle class elites in America’s most expensive zip codes. It’s hard to believe folks in Beverly Hills and West Hollywood are farming, but these two zip codes received $139,080 and $94,090 over the last three years, respectively.
 
  • We discovered more than $626 million in federal farm subsidy payments during the last three fiscal years flowed to recipients in urban areas where there are no farms. Cities with populations exceeding 250,000 people.
 
  • Just last year, a fortunate 400 farmers across America pulled down $1 million or more in farm subsidies each.
 
Follow the money flowing into your zip code!
 
Using our interactive map at OpenTheBooks.com, search all $100,000 recipients of federal farm subsidies flowing into ZIP Codes across America. Search the map, click here.
 
 Remember, It's Your Money! Join the Transparency Revolution!
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Adam Andrzejewski (say: Angie-eff-ski)
CEO & Founder, OpenTheBooks.com
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