• The definition of corporate welfare is sometimes restricted to direct government subsidies of major corporations, excluding tax loopholes and all manner of regulatory and trade decisions. (wikipedia.org)
  • In 2015, Kevin Farnsworth, a senior lecturer in Social Policy at the University of York published a paper in which he claimed that the government was providing corporate subsidies of £93 billion. (wikipedia.org)
  • Other examples of corporate welfare include billions in government subsidies for agricultural conglomerates , pharmaceutical makers , tech giants , and defense contractors . (prospect.org)
  • In 1972, David Lewis, leader of the federal NDP, invoked the term "corporate welfare bums" to describe big businesses that demanded-and received-millions of dollars in government subsidies on the taxpayer's dime. (fraserinstitute.org)
  • In Ontario, the Conservatives decried wasteful Liberal corporate welfare from the opposition benches, but have now spent more than a year in government continuing to torch taxpayers' money on business subsidies. (troymedia.com)
  • Why is it not obvious that, for example, green energy subsidies are just the same old corporate welfare? (coyoteblog.com)
  • The trade ramifications of the federal government's actions are important on their own but the bigger issue is that business subsidies (so-called " corporate welfare ") are a failed approach to industrial policy. (fraserinstitute.org)
  • Indeed, resources used for corporate subsidies would be more effectively used to reduce tax rates broadly for all businesses. (fraserinstitute.org)
  • The federal data was enhanced with Good Jobs First's proprietary subsidiary-parent matching system, enabling users to see individual entries linked to more than 1,800 corporate parents, along with each parent's total subsidies. (hawaiifreepress.com)
  • Corporate welfare refers to government subsidies, tax breaks, and other forms of financial support that are granted to businesses and corporations. (lpmass.org)
  • The White House is incentivizing the private sector to invest in new manufacturing plants by showering firms with lavish corporate welfare subsidies. (libertynation.com)
  • So the next time you hear conservatives railing against welfare handouts for the poor, remind them that we should really be cutting corporate welfare-unnecessary and unwarranted aid for dependent corporations. (prospect.org)
  • Corporate welfare handouts are a policy staple of politicians of all stripes - and they're all wasting public money. (troymedia.com)
  • The larger problem with corporate welfare is that even if those handouts did create lots of jobs, the policy would still be a failure. (troymedia.com)
  • First, those jobs might have existed even without the corporate welfare, which means the handouts are simply a transfer of money from taxpayers to a few privileged rent-seekers, with the government taking some of the money off the top to pay for the bureaucracy. (troymedia.com)
  • Billionaire Welfare King Dan Gilbert Will Rake In Billions In Free Handouts From Michigan Taxpayers Detroit media outlets reported that Michigan Welfare King Dan Gilbert requested $250 million from Michigan taxpayers. (mfi-miami.com)
  • The new welfare law sets strict time limits for how long poor people can receive government supports, but no such time limitations attach to government handouts to big business. (ontheissues.org)
  • Click here for 24 full quotes from Ralph Nader in the book Cutting Corporate Welfare . (ontheissues.org)
  • The above quotations are from Cutting Corporate Welfare , by Ralph Nader. (ontheissues.org)
  • Cutting corporate welfare would save taxpayers billions of dollars each year, according to a recent Cato Institute policy analysis . (iwf.org)
  • And corporate welfare may be true of other MAP recipients, but the Washington apple industry isn't a "taker"-we have a "chip in the game! (goodfruit.com)
  • These sums represent the portion of federal "corporate welfare" for which specific recipients can be identified. (hawaiifreepress.com)
  • These Pentagon-fed Welfare Queens like to make you think that they are protecting 'homeland security', but they really are just selling the idea that they deserve to continue to be welfare recipients ….all the way to Mars and back! (notmytribe.com)
  • While President Clinton and the Congress have gutted the welfare system for poor people, no such top-down agenda has emerged for corporate welfare recipients. (ontheissues.org)
  • The Welfare Index Report on SMEs 2019 promoted by Generali Italia sheds some light on corporate welfare. (morningfuture.com)
  • 2 Decision WHA69(9) (see http://apps.who.int/gb/ebwha/pdf_files/WHA69-REC1/A69_2016_REC1-en.pdf, accessed 15 April 2019). (who.int)
  • Gee, it's a good thing the governments rode to the rescue with billions of dollars in Corporate Welfare for the lying cheating fucktards who screwed everything up, no? (docudharma.com)
  • BigCityLib Strikes Back: Quebecor To CBC: Yeah We're Corporate Welfare Bums, But. (blogspot.com)
  • U.S. politicians have also contended that zero-interest loans from the Federal Reserve System to financial institutions during and after the financial crisis of 2007-2008 were a hidden, backdoor form of corporate welfare. (wikipedia.org)
  • Unfortunately, tax sheltering is another form of corporate welfare that we tolerate. (walworthcountytoday.com)
  • Friday's Kansas City Business Journal had a terrific piece about the problems with corporate welfare and economic development in Missouri , written by Clint Anderson. (showmeinstitute.org)
  • Corporate welfare: taxpayers fund defense industry mergers. (ontheissues.org)
  • Tax code loopholes benefit corporate donors & cost taxpayers. (ontheissues.org)
  • Taxpayers should keep in mind that whenever there are claims about governments 'creating' jobs through corporate welfare programs, there are two possible scenarios. (troymedia.com)
  • So it's unfortunate for Canadian taxpayers and consumers that there doesn't seem to be any politicians likely to stop corporate welfare. (troymedia.com)
  • Corporate welfare in the federal budget costs taxpayers almost $100 billion a year. (iwf.org)
  • The term "corporate welfare" was reportedly coined in 1956 by Ralph Nader. (wikipedia.org)
  • Alan Peters and Peter Fisher, Associate Professors at the University of Iowa, have estimated that state and local governments provide $40-50 billion annually in economic development incentives, which critics characterize as corporate welfare. (wikipedia.org)
  • State and local governments are also handing out corporate welfare, often with no strings attached. (prospect.org)
  • Alison Acosta Fraser reports for the Washington Examiner on positive developments surrounding targeted incentives, or corporate welfare , from state governments. (johnlocke.org)
  • In 2016, the EU stopped Ireland from cutting corporate tax to get Apple headquarters. (lse.ac.uk)
  • Wednesday called for a "strategic pause" on corporate welfare to profitable companies during remarks on the floor of the U.S. Senate. (counterpunch.org)
  • Corporate welfare is a phrase used to describe a government's bestowal of money grants, tax breaks, or other special favorable treatment for corporations. (wikipedia.org)
  • The label of corporate welfare is often used to decry projects advertised as benefiting the general welfare that spend a disproportionate amount of funds on large corporations, and often in uncompetitive, or anti-competitive ways. (wikipedia.org)
  • The most expensive means tested welfare program, Medicaid, costs the federal government 30 billion dollars a year or about half of the amount corporations receive each year through assorted tax breaks. (wikipedia.org)
  • His $1 billion tax cut primarily would benefit corporations, with more than 75 percent of it tied to eliminating the corporate income tax. (tampabay.com)
  • But you almost never hear them complaining about another form of welfare that lines the pockets of wealthy corporations. (prospect.org)
  • How do corporations get this corporate welfare? (prospect.org)
  • An even more insidious example of corporate welfare occurs when corporations don't pay their workers a living wage. (prospect.org)
  • It does not mean the government providing massive amounts of corporate welfare to profitable corporations without getting anything in return. (counterpunch.org)
  • I believe that, maybe, just maybe, the time has come to take a strategic pause when it comes to providing tens of billions in corporate welfare to some of the most profitable corporations and wealthiest people on the planet. (counterpunch.org)
  • New York City's new mayor, Bill DeBlasio, has had enough of big corporations taking advantage of the city's welfare system by paying notoriously low wages. (huffpost.com)
  • Rather than bailing out corporations with borrowed money, Canada should adopt the CHP's Fair Tax policy that would eliminate the personal income tax and corporate taxes and replace that revenue with a fair tax on consumer goods. (chp.ca)
  • The United States has the highest corporate tax rate in the world at 35 percent, but few corporations pay this rate because they have become adept at avoiding their taxes. (walworthcountytoday.com)
  • corporate welfare, by contrast, is far more non-discriminating-Uncle Sam subsidizes foreign corporations as well as domestic businesses. (ontheissues.org)
  • Attack corporate welfare kings, not poor welfare queens. (ontheissues.org)
  • The savage demagoguery directed against imaginary welfare queens has never been matched with parallel denunciations of gluttonous corporate welfare kings. (ontheissues.org)
  • Corporate welfare fundamentally undermines a free and flourishing economy. (johnlocke.org)
  • While corporate welfare may be popular with policymakers who want to aid home-state businesses, it undermines the broader economy and transfers wealth from average taxpaying households to favored firms. (iwf.org)
  • However, the reality is that corporate welfare often leads to economic inefficiencies, exacerbates income inequality, and undermines the principles of a free market economy. (lpmass.org)
  • Corporate welfare also undermines income equality. (lpmass.org)
  • One of the most damaging aspects of corporate welfare is that it undermines the principles of a free market economy. (lpmass.org)
  • In conclusion, corporate welfare is a damaging policy that undermines economic freedom, exacerbates income inequality, and leads to economic inefficiencies. (lpmass.org)
  • She has served on countless advisory groups on women's cancers and maternal health, including for the World Health Organization, the Ministry of Health and Family Welfare of India, the Department of Biotechnology of India, the National Technical Advisory Group on Immunisation of India, and the Indian Council of Medical Research. (who.int)
  • Meanwhile, politicians like corporate welfare because they can claim credit for job creation and investment . (fraserinstitute.org)
  • Corporate welfare also creates strong ties between politicians and business leaders, and these ties are often the source of corruption scandals in Washington. (iwf.org)
  • The economy grows best when we have more family-supporting jobs with good wages and benefits, not when politicians use their power to pay off corporate special interest campaign contributions. (onewisconsinnow.org)
  • You often hear Trump and Republicans in Congress railing against so-called "welfare programs"-by which they mean programs that provide health care or safety nets to ordinary Americans. (prospect.org)
  • For months, the company has been playing Washington and 21 other states off one another in a race-to-the-bottom effort to secure the largest corporate handout. (socialistalternative.org)
  • The Durham Herald Sun recently ran my piece discussing why the corporate welfare handout to Durham-based Cree, Inc. is not worth celebrating. (nccivitas.org)
  • Just before adjourning, the state's legislators ended a multi-million dollar corporate welfare program in existence since 1996. (johnlocke.org)
  • As Lewis's memorable phrase suggests, corporate welfare also tends to make firms lazy and less attentive to customers, ultimately making an economy less competitive. (fraserinstitute.org)
  • However, corporate welfare often subsidizes failing and mismanaged businesses and induces firms to spend more time on lobbying rather than on making better products. (iwf.org)
  • Additionally, the report revealed that Chinese firms and other foreign outfits are partnering with US businesses to take advantage of the corporate welfare. (libertynation.com)
  • In a December 1 article in Wired , "In Role as Kingmaker, the Energy Department Stifles Innovation," former Tesla Motors Chief Marketing Officer Darryl Siry critiques the federal government's campaign of "green" corporate welfare for the American automobile industry ( Advanced Technology Vehicles Manufacturing Loan Program ). (independent.org)
  • I'm sure it brings up all sorts of issues for the company and for him personally, but I think the guy deserves a pat on the back for his posts on animal welfare. (peta.org)
  • I admire Whole Foods for having animal welfare standards and for continually evolving them-and their ban on selling live lobsters is another positive evolutionary step on behalf of animals. (peta.org)
  • Therefore, decisions to accept dogs in the work place may include many considerations including the health , safety, and well-being of employees, legal and cultural sensitivities, and animal welfare. (cdc.gov)
  • Conservatives say they're against corporate welfare - but only sometimes, and only if it's the Liberals are in government. (troymedia.com)
  • The federal Conservatives have similarly given lip service to free markets but have no plans to end corporate welfare if they defeat the Liberals on Oct. 21. (troymedia.com)
  • Huff reasoned that a very conservative estimate of corporate welfare expenditures in the United States would have been at least US$170 billion in 1990. (wikipedia.org)
  • Huff compared this number with social welfare: In 1990 the federal government spent 4.7 billion dollars on all forms of international aid. (wikipedia.org)
  • Has Sweden always flown the flag for equality and welfare? (lu.se)
  • Wholly dependent upon government largesse and privilege and subject to increased scrutiny of some in Congress and the White House looking for opportunities to trim federal spending by reducing corporate welfare, the electric co-op industry diversified its source of loans in 1969 by creating the private, not-for-profit National Rural Cooperative Finance Corporation (CFC). (heritage.org)
  • The number of people living in abso- lute poverty and despair is growing stead- · health promotion as an integral part of ily despite unprecedented wealth creation good corporate practice. (who.int)
  • Corporate welfare programmes? (morningfuture.com)
  • She built collaborations between professional associations and corporate social responsibility efforts to implement screen-and-treat programmes across India, and she has promoted medical education in gynaecological cancers by implementing fellowship programmes and an online training course for gynaecologists. (who.int)
  • While the brazen demands from these major automakers have spawned headlines, unfortunately corporate welfare is nothing new-it was already running rampant in Canada. (fraserinstitute.org)
  • More to the point, while more than 170 billion dollars is expended on assorted varieties of corporate welfare the federal government spends 11 billion dollars on Aid for Dependent Children. (wikipedia.org)
  • M. President: Each and every day, I have heard my Republican colleagues and some corporate Democrats blame inflation on runaway government spending. (counterpunch.org)
  • In either case, corporate welfare causes an economic loss, which is exacerbated by the fact that it encourages businesses to devote large amounts of resources to chasing government funds, instead of producing useful goods and services. (troymedia.com)
  • Government, meanwhile, should get out of the business of picking winners and losers with corporate welfare. (iwf.org)
  • According to a 2011 report from Citizens for Tax Justice, during the tax years 2008-2010 the U.S. government gave away $223 billion in corporate welfare. (walworthcountytoday.com)
  • While the minimal government benefits still afforded the poor are provided only to the most impoverished, no such means testing is applied to corporate welfare beneficiaries. (ontheissues.org)
  • The legislation would benefit energy producers and consumers by eliminating economically unjustified tax credits for both conventional and renewable energy sources and technologies while lowering the corporate tax rate to encourage investment and spur economic growth. (heritage.org)
  • But in reality, according to a large body of research , corporate welfare does little if anything to actually create economic growth. (fraserinstitute.org)
  • So, corporate welfare depresses economic activity in some parts of an economy to encourage it in others, and over the long run, often fails to create jobs or investment on a net basis. (fraserinstitute.org)
  • Second, if those jobs wouldn't have existed without the corporate welfare, then the jobs created are actually an economic loss, because the economic costs of these new jobs exceed their economic value. (troymedia.com)
  • In order to provide sound economic analysis, the negative effects of these disruptive corporate welfare schemes must be foreseen. (nccivitas.org)
  • Furthermore, corporate welfare often leads to economic inefficiencies. (lpmass.org)
  • The inclusion of these targeted tax credits takes energy policy in the wrong direction by prolonging unnecessary and damaging corporate welfare for energy companies. (heritage.org)
  • It is important that we understand that High-Risk Pools are nothing more that corporate welfare for insurance companies that ultimately we all pay for in addition to paying for our own insurance premiums. (opednews.com)
  • The results exclude the numerous corporate tax breaks that cannot be attributed to individual companies. (hawaiifreepress.com)
  • Companies once again provide assets and services to improve their employees' quality of life but welfare develops through innovative methods in companies today. (morningfuture.com)
  • A recent post at Political Animal pointed to one such area between libertarians and liberals: opposition to "rent seeking" aka "corporate welfare. (inequality.org)
  • Elg, U. & Welinder, A. (2022) Sustainabilty and retail marketing: Corporate, product and store perspectives . (lu.se)
  • This coal is owned by the American public, but until recently, the Interior Department has mostly allowed the coal industry itself to manage our coal, turning the federal coal program into little more than corporate welfare for coal. (greenpeace.org)
  • Daniel D. Huff, professor emeritus of social work at Boise State University, published a comprehensive analysis of corporate welfare in 1993. (wikipedia.org)
  • On top of that, the governor wants to set aside $250 million in corporate giveaways in case his out-of-state photo opportunities produce the jobs he brags about. (tampabay.com)
  • Lawmakers in state capitols across the country have sown some seeds of progress in reining in corporate welfare. (johnlocke.org)
  • The recent naming of GE's Jeffrey Immelt to head a presidential commission on, err, something or other seems to have been an occasion for bipartisan gnashing of teeth about what I call the growth of the American corporate state. (coyoteblog.com)
  • State aid rules stop arbitrary corporate welfare, but empower us to lead the fourth, green industrial revolution. (lse.ac.uk)
  • Every democrat, every socialist, should want EU state aid law: it prevents arbitrary corporate welfare. (lse.ac.uk)
  • If anything, the state aid rules should be far stricter than they are, because we need human welfare, not unrelenting corporate greed. (lse.ac.uk)
  • The critical fact is that state aid law restricts giving money to fund corporate profit. (lse.ac.uk)
  • The claim that EU state aid stops a green revolution is a sell-out to multinational corporate propaganda. (lse.ac.uk)
  • Instead, Bengtsson shows, among other things, how the temperance movement's strong organisational culture and the free churches formed the basis for the Swedish welfare state in the late 1800s. (lu.se)
  • When all is said and done both of these motions touch on an extremely important issue that is rarely discussed in the corporate media or on the floor of the Senate. (counterpunch.org)
  • Instead of addressing any of these issues this bill provides $53 billion in corporate welfare to the micro-chip industry with no protections for the American people and a $10 billion bailout to Mr. Bezos to fly to the moon. (counterpunch.org)
  • Stocks tumbled into the bell after Sen. Bernie Sanders (I-VT) became the latest lawmaker to threaten to hold up the coronavirus stimulus package "until stronger conditions are imposed on the $500 billion corporate welfare fund. (freedomsphoenix.com)
  • Corporate welfare ($223 billion) is far more expensive than welfare for the poor ($51 billion). (walworthcountytoday.com)
  • To her credit, Congresswoman McMorris Rodgers understands the Congressman's negative opinion of the Market Access Program described as 'Corporate Welfare' to our group by the Congressman. (goodfruit.com)
  • We have been chatting with the CEO of the company based in Borgo Panigale, a symbol of the Italian motorcycling scene, but also a leader in corporate welfare and employee satisfaction: Ours is a large community. (morningfuture.com)
  • The paper concludes with considerations for human resource management personnel in the areas of diversity, employee relations, ethics and corporate responsibility, organizational and employee development, safety and security, and legal considerations, as well as suggested topics for future research. (cdc.gov)
  • Gov. Rick Scott is campaigning to make Florida the king of corporate welfare. (tampabay.com)
  • Prince Walid and the patrons of a luxury international hotel appear to be what the IFC views as the 'poor and vulnerable' deserving of international corporate welfare. (brettonwoodsproject.org)
  • The Trust stands for the protection ,welfare and uplift of poor, downtrodden, neglected and marginalized cross section of. (globalhand.org)
  • The term gained increased prominence in 2018 when Senator Bernie Sanders introduced a bill, singling out Amazon and Walmart in particular, to require a company with 500 or more employees to pay the full cost of welfare benefits received by its workers. (wikipedia.org)
  • The quality of life of workers is an issue that deserves attention, since the promotion of welfare benefits, such as medical and dental care to employees, are extremely efficient means and can be used by businesses in order to improve inter business competitiveness, in a globalized world 2-4 . (bvsalud.org)
  • The fact that Ireland, Bermuda and Luxembourg are jurisdictions where the U.S. corporate sector earned the most profits points to rampant tax sheltering. (walworthcountytoday.com)
  • My favorite Welfare Queen of them all is ATK where they give you a visual show at their web site that includes Space War craft, Pentagon sold fighter bombers buzzing The Statue of Liberty, and huge belts of ammo (their specialty in sales) for the hired mercenaries. (notmytribe.com)
  • But all it takes is a nomenclature change of this corporate welfare to "green jobs" or "investment in the future" or "bridge to the future" or similar bullsh*t and suddenly many of the exact same people, at least on the left, are swooning again. (coyoteblog.com)
  • Scrutinize even good corporate welfare which helps public. (ontheissues.org)
  • Even if the extravagant claims about corporate welfare funds creating lots of jobs are accurate, it doesn't follow that corporate welfare is a good idea. (troymedia.com)
  • EB144),7 the IOAC undertook a review of corporate cultural issues that could impact the performance of the WHE Programme. (who.int)
  • There has to be a better way to sell corporate executives on creating jobs here than sitting on hundreds of millions of dollars that could help Floridians now. (tampabay.com)
  • Canadians are ultimately responsible for financing this spending, and every dollar spent on corporate welfare is a dollar unavailable for tax cuts or other priorities including health care and education. (fraserinstitute.org)
  • corporatism is characterized by the political organization of a society to serve the interests of major vocational or corporate groups, such as agricultural or business interests. (inequality.org)