Posts Tagged ‘corporate welfare’

Mar
2015
23

Surprised? Two-Thirds of Federal Subsidies Since 2000 Have Gone to Large Corporations

Surprised? Two-Thirds of Federal Subsidies Since 2000 Have Gone to Large Corporations
  A new report shows that two-thirds of the $68 billion in business grants and special tax credits awarded by the federal government over the past 15 years have gone to large corporations.  In that same 15-year period, hundreds of billions of dollars in loans, loan guarantees, and bailout assistance have been given to the [&hellip...
Aug
2014
15

Lobbyists Line Up to Protect Tax Inversion Laws While Huge Corporations Pay Zilch

Lobbyists Line Up to Protect Tax Inversion Laws While Huge Corporations Pay Zilch
  Minnesota-based Medtronic, Inc. has hired a lobbying firm headed by former U.S. Senators Trent Lott and John Breaux in an attempt to defeat legislation that would undermine the company’s interest in relocating its corporate headquarters overseas, a move that would save the company billions in taxes.   The primary bill in question is...
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Mar
2014
11

REPORT: Of Discouraging $110B in Corporate Welfare, $88M Goes to Koch Industries

REPORT: Of Discouraging $110B in Corporate Welfare, $88M Goes to Koch Industries
  A new report from Good Jobs First, “Subsidizing the Corporate One Percent,” provides detail on our ‘corporate welfare state’ and the way large corporations benefit from programs being sold to the public as beneficial to American citizens.  In total, state and local governments have handed out $110 billion in corporate...
Nov
2013
20

Sirota: Corporate Giveaways, Not Public Pensions, Cause Financial Stress and Need Reforming

Sirota: Corporate Giveaways, Not Public Pensions, Cause Financial Stress and Need Reforming
  In an op-ed for USA Today, David Sirota gives credit to conservative activists, business groups, and politicians for their attempts to demonize public pensions.  But this well-coordinated attempt to sway public opinion, he writes, should not result in pensions being “reformed.”  For many state and local governments, wasteful spending...
Oct
2013
2

Buccheit: Corporate Welfare Costs the Average American Family $6,000 Annually

Buccheit: Corporate Welfare Costs the Average American Family $6,000 Annually
  A new look at corporate welfare by Paul Buchheit for Common Dreams makes the argument that our current corporate welfare state contributes to the average American family paying $6,000 a year in subsidies to big business.  The number is an average, meaning that many low-income and middle class families pay less, but it is [&hellip...