- Wed Feb 03, 2016 6:37 am
#68040
The people raise hell about raising taxes but feel that this corporate welfare is fine.
Already, according to the International Monetary Fund, more money is spent, directly and indirectly, on subsidising fossil fuels than on funding health services. The G20 countries alone spend over three times as much public money on oil, gas and coal than the whole world does on renewable energy. In 2014, subsidies for fossil fuel production in the UK reached £5bn. Enough? Oh no. While essential public services are being massacred through want of funds, last year the government announced a further £1.3bn in tax breaks for oil companies in the North Sea. Much of this money went to companies based overseas. They must think we’re mad.http://www.theguardian.com/commentisfre ... ssil-fuels" onclick="window.open(this.href);return false;
The people raise hell about raising taxes but feel that this corporate welfare is fine.
