Corporate Welfare is a misnomer. When someone complains about corporate welfare, they often don’t know what they’re talking about.
Welfare is throwing tax dollars down a black hole. Money is given out with little to no benefit to others.
Giving businesses tax breaks and other incentives can generate far more income and revenue through out the community.
“Giving businesses tax breaks and other incentives can generate far more income and revenue through out the community.”
A claim often made but seldom (if ever) proven.
And any proof should be backed up by real accountants (not liberal ones).
“Giving businesses tax breaks and other incentives can generate far more income and revenue through out the community.”
It can also unfavorably penalize those that do not get the tax breaks.
So you’re OK with different rules and taxes for the politically connected?
Who gets hurt the most? Their competitors, and ultimately consumers.
You either believe in a free market or one centrally planned. History shows us which works best and most efficiently.
You can treat them all the same. Lower the tax rate for all of them or none of them.
Taking tax money from one business and giving it to another is immoral.
Bullshit. The government shouldn’t be picking winners and losers or using taxpayer dollars to do it.
This ain’t a tax credit, dipstick. Go back and read the article.