Image for Corporate Welfare

Corporate Welfare

Corporate welfare refers to government policies and programs that provide financial assistance, tax breaks, or incentives to businesses and corporations. This support is intended to stimulate economic growth, create jobs, and encourage investment. However, critics argue that corporate welfare can lead to an unfair advantage for larger companies, diverting funds from essential public services. Essentially, it raises questions about the balance between supporting the economy and ensuring fair competition, as well as the responsible use of taxpayer money.