Do you know what Corporate Welfare is? How does it undermine the 'people'?

Answer 1

Shiraz and Chilli.. are exactly right but they are missing one portion of it that a lot of ppl don't think about:

Corporate welfare also comes into account when you don't force corporations to pay a living wage.

I will explain with an example:
Say a woman's husband dies and she becomes a single mom with 2 children having to support her family. Now, because she had been a housewife all her life, she has no skills and ends up making let's say $7 an hour with no benefits.

Now any adult knows that you can not raise 2 children with that amount of money.

So what happens next is a form of corporate welfare. That woman then gets:
- Daycare subsidies per week.. btw, daycare for 1 child alone is over $100 a week.
- She gets medicaid to cover her and her children's healthcare.
- Foodstamps because she is below the poverty line and qualifies
- Earned Income tax credit because she is under the poverty line
- Possible housing assistance because she is under the poverty line

Now, some of the twisted Republicans in society for some reason like to blame the recipients of these programs. They would rather drive by these families and see them living under bridges.

I say YOU ARE FOCUSING YOUR ANGER ON THE WRONG AREA. Why does she qualify for this help is the question? = Because she is not being paid a livable wage.

Our tax dollars are literally covering this woman and her family in order to save the corporation money... we are paying money to cover that corporation making profits. And btw, corporations today are making record profits.

That is corporate welfare... when tax dollars pick up the tab to cover their employees when they won't pay them enough.

Answer 2

The $150 billion for corporate subsidies and tax benefits eclipses the annual budget deficit of $130 billion. It's more than the $145 billion paid out annually for the core programs of the social welfare state: Aid to Families with Dependent Children (AFDC), student aid, housing, food and nutrition, and all direct public assistance (excluding Social Security and medical care)."

"After World War II, the nation's tax bill was roughly split between corporations and individuals. But after years of changes in the federal tax code and international economy, the corporate share of taxes has declined to a fourth the amount individuals pay, according to the US Office of Management and Budget."

go here:http://www.corporations.org/welfare/
for how it undermines the people.

Answer 3

"Corporate Welfare", like "tax breaks for the rich" is another left-wing propaganda term.

Government incentives for business have the same goal as the same incentives for individuals--stimulating economic growth. Both are frought with inefficiencies and prone to abuse, but both are, in the end, designed to improve conditions for "the people."

Where do "the people" work, who pays their salaries, who invests in them with training and benefits? If the largest employers in a system are the government and the local Mall, that system is destined to fail.

Answer 4

corporate welfare needs to end. so does individual welfare, but i have no objections to people on welfare performinc civil service to earn that check.