Quote:
Originally Posted by Major
In the spirit of inclusiveness, don't forget about civic welfare with all the do nothing government jobs.
I'd like my more educated brethren explain to me how corporate welfare works. Corporations obtain tax breaks and incentives to keep more of their own money. It's their money, not ours or the government's. A small price to pay in consideration that corporations provide jobs and feed our economy. What's the payback for social welfare, except more of it.
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I think the label "corporate welfare" emerge about a decade ago when the Troubled Asset Relief Program (TARP) money was used to prop up the financial system. What many people are not aware of or refuse to bring into the conversation is that TARP was distributed as a loan and the US government made out quite well when it was repaid with interest from those who took advantage of it.