Subsidies to the coal industry began in 1932, when the federal government allowed companies to deduct a portion of their income to help recover initial capital investments (the percentage depletion allowance). Since 1950, the federal government has provided the coal industry with more than $70 billion (in constant 2007 dollars) in tax breaks and subsidies.
Download the TCS Factsheet, Coal: A Long History of Subsidies
Our weekly reality-check for federal spending. View All
While Washington is wringing its hands about the automatic across-the-board budget cuts known as... 
December 17, 2012
November 29, 2012
Taxpayers for Common Sense is an independent voice for taxpayers working to increase transparency and expose and eliminate wasteful and corrupt subsidies, earmarks, and corporate welfare.
Learn More Support Us
Weekly Email
