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Judging by the Census Bureau's most recent figures on the distribution of income, the rate reductions would probably benefit fewer than half of Americans who receive any income.
The White House essentially caved to a measure that will cost about $100 billion over 10 years and will benefit fewer than 5,000 wealthy estates.
Also, the focus of much pharmaceutical research in recent years has shifted from simple drugs for common diseases that would have widespread use to complicated molecules that would most likely benefit fewer patients but carry far higher price tags, in the realm of tens of thousands of dollars.
The program is intended to encourage automakers to improve fuel efficiency, but should it be used for a purpose like this, as the 2008 Bailout of Very, Very High-Net-Worth Individuals Who Invested in Tesla Motors Act? Can you conceive any way that federal dollars could be put at greater risk — and for no equity in return, keep in mind — to benefit fewer people?
Should Taxpayers Back It?" Stross attacks Tesla for requesting government loans along with the rest of the car industry, saying "Can you conceive any way that federal dollars could be put at greater risk — and for no equity in return, keep in mind — to benefit fewer people?" The article had significant factual errors, most of which were called out by Jason Calacanis and myself.
Data from the Mercatus Center shows that a whopping 76percentt of the Bank's activities directly benefit fewer than ten well-known corporations.
Similar(48)
That is a benefit few private-sector workers have.
Reassuring as it may be to celebrate individual women leaders as beacons of progress, the fact remains that they benefit few but themselves.
Export industries will continue to benefit, few more clearly than commercial aerospace and its infrastructure and energy offshoots.
Since no-one pays capital gains tax anyway until their gains reach £10,600 (rising to £11,100 next year) the new relief will benefit few employees.
The royal yacht Britannia will benefit few more than a cluster of elderly royals, and a gaggle of Etonians with a hard-on for colonial grandstanding.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com