CorporateWelfare

CorporateWelfare Corporate welfare has increasingly become a fixture in the American budget and political wars. For the purposes of this essay, corporate welfare is defined as any tax reductions or outright subsidies (including noncompetitive bidding on contracts) which are granted to profitable corporations which would show a profit without the money in question, or corporations which are being exalted for the sole purpose of granting political favors. We will try to illustrate why, using this definition, we can say that corporate welfare harms the economy: Corporate welfare sends the message that the government is more inclined to help out large corporations and their CEOs while using the tax money extracted from the poor and middle class to finance these “giveaways”. Every dollar given away in corporate welfare is a dollar that could have been welfare, corporate, dollar, tax, corporations, using, purpose, profit, political, money, modernize, lowered, government, given, facilities, away, worthwhile, workers, worker, without, while, wars, unnecessary, turn, try, top, thus, taxes, switch, subsidies, sole, show, sends, say, run, replace, remove, reductions, receive, question, quality, purposes, promotes, program, profits, profitable, pressured, poorer, poor, pocket, payroll