canceled.2021.3
Former Vice President
How dumb can you be? Corporate welfare as an example can be flat out cash payments, legal bribes in addition to things like incentives in the form of credits against an already existing tax.
Take Walmart for example. "According to the Walmart Subsidy Watch, Walmart – the largest company in America, with earnings in excess of $16.5 billion in 2014 – has benefited from more than $1.2 billion in “tax breaks, free land, infrastructure assistance, low-cost financing, and outright grants from state and local governments.”
Money is money and the only diff between the gifts you hate and the ones you appear unconcerned about is your conservative masters have emphasized the progressive goodies to excoriate. Hence you observation bias. Plus you probably see poor people but corporate board rooms and reports are more invisible to you.
Key words STATE and LOCAL
While I oppose corporate welfare and rent seekers in general, if it is done at the state and local level it is a little more tolerable. I outright oppose it at the federal level.