Corporate Welfare

Thoughts on a Free Market Economy…
“Corporate Welfare”
By Phyllis Hunsinger
July 13, 2015

Corporate welfare is a term used to describe the financial assistance and tax advantages given to corporations and other businesses by the Federal and State governments. Welfare payment to individuals is ostensibly to prevent poverty or to improve living conditions. Corporate welfare is entirely different and is in the form of subsidies, tax-breaks, special contracts, or grants to large corporations or other business entities.

As the national debt is $18 Trillion and rising, the …

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