Corporate Welfare in America

Many stories in the press focus on social welfare - money going to under and unemployed American citizens.

A recent article in Al Jazeera states:

State and local governments have awarded at least $110 billion in taxpayer subsidies to business, with 3 of every 4 dollars going to fewer than 1,000 big corporations, the most thorough analysis to date of corporate welfare revealed today.
Boeing ranks first, with 137 subsidies totaling $13.2 billion, followed by Alcoa at $5.6 billion, Intel at $3.9 billion, General Motors at $3.5 billion and Ford Motor at $2.5 billion, the new report by the nonprofit research organization Good Jobs First shows.
Dow Chemical had the most subsidies, 410 totaling $1.4 billion, followed by Warren Buffett’s Berkshire-Hathaway holding company, with 310 valued at $1.1 billion.
The figures were compiled from disclosures made by state and local government agencies that subsidize companies in all sorts of ways, including cash giveaways, building and land transfers, tax abatements and steep discounts on electric and water bills.
In fact, the numbers significantly understate the true value of taxpayer subsidies to businesses.

This video elaborates on the corporate welfare for the military industrial complex.


Through tax loopholes, oil and gas companies get amazing tax breaks so that they are paying much less than you or I as a percentage of their enormous income.

A recent article by alternative media journalist Ben Swann recognizes that corporate welfare is almost double social welfare.