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There is no such thing as "corporate welfare." The owners of corporations already pay more taxes than most of the so-called "working class." In fact, if you ea
by meatsauce 5y ago
There is no such thing as "corporate welfare."
The owners of corporations already pay more taxes than most of the so-called "working class." In fact, if you earned over $118,000 in a year, you pay 70% of the tax burden in a country where better than half of the adult residents pay no income tax at all.
Owners of any corporations pay a variety of taxes, some paid regardless if you turned a profit, such as property tax and employment tax. They also pay state/fed income tax on profits, regulatory fees, and a host of other liabilities that get paid to the state.
To wax on "corporate welfare" is to say you really don't know how it all works.