Subsidies of the Rich and Famous
November 1, 2011 The report conducted by Oklahoma Senator Tom A. Coburn, M.D., sought to identify federal payments made to millionaires, to identify the value of tax credits and deductions claimed by millionaires, and to estimate the value of the income taxes avoided by those deductions. The report also mentioned the $15 trillion national debt and recommendations to Congress on policies that should be adopted to reduce or eliminate federal payments to millionaires. Download the Report . . .

