Coal industry could leave U.S. taxpayers with major bill -Jewell

U.S. taxpayers could be left with multibillion-dollar liabilities if large coal companies are pushed to bankruptcy, the Interior Department Secretary said on Wednesday. --At issue is a practice known as self-bonding, allowed under a decades-old mining program, in which some of the country's biggest coal companies forego insurance on a portion of future mine cleanup costs.

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Legal defense of rogue John Doe agents costs taxpayers nearly $1.2 million

So how much has it cost Wisconsin taxpayers to defend the rogue prosecutors of a political investigation that has been ordered shut down by the state Supreme Court? --More than $1.1 million and counting – $1,189,199.70 to be precise, according to information obtained by Wisconsin Watchdog through a records request. The records were provided by the state Department of Administration. --And the bill continues to grow.

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Taxpayer Subsidies Keep Elon Musk's Companies Afloat

Well, somebody did it, and it was the mainstream media. Congratulations to the Los Angeles Times for taking the time to research and estimate the total amount of U.S. public (local, state, and federal) subsidies for companies owned or run by South African-born Canadian-American Elon Musk. --The total amount calculated by reporter Jerry Hirsch for taxpayer-backed incentives – of many different forms, including tax credits and rebates provided to customers – was $4.9 billion. The corporate beneficiaries have been Tesla Motors and SpaceX, where Musk is CEO, and SolarCity Corp., where he is chairman.

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'Boomtown' Special Assails D.C. for 'Extracting' Wealth from Taxpayers

BREITBART: BIG GOVERNMENT - In a blockbuster one-hour investigative special that aired on Fox News' "Hannity" on Friday, Peter Schweizer, Steve Bannon, and Sean Hannity exposed how Washington, D.C. has extracted power and money from the United States into a centralized location to become the country's greatest "boomtown," despite not creating anything. ✧ Schweizer, the president of the nonpartisan Government Accountability Institute, highlighted how the permanent political class that relies on lobbying and influence peddling makes more money by "growing the size of government," which leaves no incentive on either side of the aisle to limit government. ✧ As a result, he noted the three richest counties and seven of the top ten wealthiest counties in the nation are in the Washington, D.C. region. The District also consumes the most fine wine in the nation. He asserted the business in Washington is now "not politics" but "money."

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WSJ: The 30-Cent Tax Premium

WALL STREET JOURNAL, 4/18/2011 by Arthur B. Laffer - There is a lot more to taxes than simply paying the bill. Taxpayers must spend significantly more than $1 in order to provide $1 of income-tax revenue to the federal government. Read more at WSJ... Read More......

Pelosi to Aspiring Musicians: Quit Your Job, Taxpayers Will Cover Your Health Care

“We see it as a entrepreneurial bill - a bill that says to someone, if you want to be creative and be a musician or whatever, you can leave your work, focus on your talent, your skill, your passion, your aspirations because you will have health care.”
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