Fine posting by Tim Worstall, looking behind the headline numbers to see what is really going on with EU sugar subsidies:

The person handing over the cheque isn’t, necessarily, the person carrying the economic burden of the tax.

This can also be true of subsidies: the person cashing the cheque isn’t necessarily the beneficiary of the economic joys of the subsidy. And this is so with these international sugar companies…

Read the whole piece. And learn something about who really gets what from these vast schemes.