hvactec
VIP Member
Only about 12 percent of federal spending goes to individuals and families -- an increasing portion goes to corporate handouts.
Corporations aren’t people, despite what the Supreme Court says, and they don’t need or deserve handouts.
When corporations get special handouts from the government – subsidies and tax breaks – it costs you. It means you have to pay more in taxes to make up for these hidden expenses. And government has less money for good schools and roads, Medicare and national defense, and everything else you need.
You might call these special corporate handouts “corporate welfare,” but at least welfare goes to real people in need. In the big picture, corporate handouts are costing tens of billions of dollars a year. Some estimates put it over $100 billion – which means it’s costing you money that would otherwise go to better schools or roads, or lower taxes.
read more Robert Reich Corporate Welfare Is Destroying Our Economy VIDEO Alternet
Corporations aren’t people, despite what the Supreme Court says, and they don’t need or deserve handouts.
When corporations get special handouts from the government – subsidies and tax breaks – it costs you. It means you have to pay more in taxes to make up for these hidden expenses. And government has less money for good schools and roads, Medicare and national defense, and everything else you need.
You might call these special corporate handouts “corporate welfare,” but at least welfare goes to real people in need. In the big picture, corporate handouts are costing tens of billions of dollars a year. Some estimates put it over $100 billion – which means it’s costing you money that would otherwise go to better schools or roads, or lower taxes.
read more Robert Reich Corporate Welfare Is Destroying Our Economy VIDEO Alternet