jonny5
DP Veteran
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Uh, no.
MATH 101--if you get more than what you pay out, then you are getting welfare, not giving it.
Comcast's NET federal benefit = the total additional profits made from the ability to obtain a near-monopoly of the industry as a result of the subsidies and competition-shielding legislation (which were not available to local broadband competitors) - the total federal taxes it pays > 0.
So Comcast is a welfare bum .
In a free market, it is illegal for any govt. to provide special benefits (subsidies, competition shields, etc.) to any business.
Uh, yes. Math 101. Comcast pays billions in taxes. In fact they are #13 in most taxes paid in the US. Im all for getting rid of any actual subsidies (like rural internet) that exist.
Comcast - In Photos: The 25 U.S. Corporations That Pay The Highest Taxes - Forbes