Tuesday, February 12, 2013

Longread #254 -- Corporate Welfare -- 2/12/13

If someone says that the welfare system in America is broken, you should ask them "which one?" While people love to focus on the poor receiving handouts, the truly broken system is the one that hands out enormous payments to corporations with minimal oversight and little benefit to local, state, or national economies.

"As Companies Seek Tax Deals, Governments Pay High Price" by Louise Story
Published in the New York Times, December 1, 2012
http://www.nytimes.com/2012/12/02/us/how-local-taxpayers-bankroll-corporations.html?smid=fb-share&_r=1&

Eric


1 comment:

  1. I'd highly recommend the documentary "The Corporation" for more of this kind of big biz expose.

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