Subsidies are regressive.
Amadeo ’22 [Kimberly; April 18; Former President of World Money Watch, M.A. in Business Administration from the Massachusetts Institute of Technology; The Balance, “How Farm Subsidies Affect the U.S. Economy,” https://www.thebalancemoney.com/farm-subsidies-4173885; pbk]
Farm subsidies act like regressive taxes. They help high-income corporations, not poor rural farmers. Most of the money goes toward large agribusinesses.
Between 1995 and 2020, the top 10% of recipients received 78% of the $240.5 billion doled out, according to EWG. The top 1% received 26% of the payments. That averages out to $1.7 million per company.2
Fifty people on the Forbes 400 list of the wealthiest Americans received farm subsidies.11 On the other hand, 62% of U.S. farms did not receive any subsidies.