Wednesday, November 16, 2011

Celebrities Received Federal Funds

From NCPA: Celebrities Received Federal Funds

Wealthy celebrities including Bruce Springsteen and Jon Bon Jovi have received federal subsidies, according to "Subsidies of the Rich and Famous," a new report from the office of Oklahoma Republican Senator Tom Coburn, reports the Daily Caller.

* The Government Accountability Office (GAO) identified several individuals receiving farm payments "whose professions had nothing to do with farming or agricultur[e]," says the report.

* These individuals include real estate developer Maurice Wilder, a "part-owner of a professional sports franchise [who] received total of more than $200,000 in farm program payments in 2003, 2004, 2005 and 2006."

* The report says millionaires Jon Bon Jovi and Bruce Springsteen have collected farm subsidies, noting that Bon Jovi paid property taxes of just $100 last year on his real estate holdings in New Jersey that he uses to raise bees.

* Springsteen also received farm subsidies "because he leases his property to an organic farmer," the report explains.

For study:

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