this post was submitted on 02 Nov 2025
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[–] brownsugga@lemmy.world 16 points 1 day ago

https://www.imf.org/en/Publications/WP/Issues/2023/08/22/IMF-Fossil-Fuel-Subsidies-Data-2023-Update-537281

According to this 3 year old data set, US direct and indirect subsidies for the Oil and Gas industry ALONE account for ~750 billion per year.

Agricultural subsidies add another $30 billion per year.

Wal-Mart, just a single company, benefits from around 7.5 billion per year in public spending.

The US government literally hands our tax revenue DIRECTLY to the rich. And then says we have no money for SNAP. Like stop giving Lockheed and General Dynamics and BAE and Raytheon a trillion dollars a year. The US government is a machine for taking money from working people and handing it to the rich, just like pretty much every other aspect of society at this point.