Corporate welfare

favorable treatment on the part of governments towards corporations

Corporate welfare is often used to describe a government's bestowal of money grants, tax breaks, or other special favorable treatment for corporations.

QuotesEdit

  • The Pentagon will get an extra $165 billion over the next two years—that’s even more than Donald Trump asked for...The figures contained in the recent budget deal that kept Congress open, as well as in President Trump’s budget proposal for 2019, are a case in point: $700 billion for the Pentagon and related programs in 2018 and $716 billion the following year. Remarkably, such numbers far exceeded even the Pentagon’s own expansive expectations.... The majority of Republican fiscal conservatives were thrilled to sign off on a Pentagon increase that, combined with the Trump tax cut for the rich, funds ballooning deficits as far as the eye can see—a total of $7.7 trillion worth of them over the next decade.

External linksEdit

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