what is your definition of corporate welfare?

Question

please, your thoughtful definition ~ and if you have a specific example, then put that in as well.

Answer 1

How about taxing the heck out of tobacco products and then giving hundreds of millions in subsidies to the tobacco farmers?

Or handing out no-bid contracts to companies like Halliburton whose former CEO is now the vice president of the United States? Or is that just cronyism and possibly fraud?

Answer 2

truly, giving handouts with out asking something in return. The GM financial ruin bailout became company welfare. Corn transforming into subsidies for ethanol are welfare by ability of now. i might additionally say that any hybrid tax incentives any further are welfare besides. specific technically the inducement is seen for human beings, even nonetheless that's the companies in touch in production hybrid vehicles that obtain all the advantages of the inducement. Tax breaks for capital investment, even nonetheless, isn't company welfare because of the fact it demands that the employer be reinvesting the money to be sure that it to rely as capital investment. Any funds stashed in swimming pool crammed with gold would not count quantity for the tax destroy. the priority I even have with all of it is that i think of all varieties of selective incentives and breaks might desire to be eradicated and we in basic terms extremely have a very low company tax cost that reward all industries and we could the financial gadget breathe of course extremely of permitting government to maintain attempting to %. winners and losers, finally killing our financial enhance potential.

Answer 3

Any instance of a business receiving taxpayers' money. Same as regular welfare.

Answer 4

Well, I would define it as subsidies, such as in the agriculture industry. I believe we subsidize sugar. Also, tax breaks aimed at specific industries.

Answer 5

when a city gives tax breaks to a sports team then spend tax money on their facility