The U.S. spends $4 billion a year subsidizing ‘Stalinist-style’ domestic sugar production

Source: Market Watch
Published: Dec 27, 2022
Author: Vincent H. Smith
Post Date: 2022-12-27 20:25:26 by Charles_Byrd
Views: 184

In the United States, fewer than 4,500 farm businesses produce sugar. Yet they cost taxpayers up to $4 billion a year in subsidies.

The U.S. sugar program is a Stalinist-style supply control initiative that limits imports through quotas and domestic production through what are called marketing allotments.

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