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In almost every case of "corporate welfare" the taxpayers would have been better off supporting the workers instead. This idea of corporate welfare to help the
by kennend3 4y ago
In almost every case of "corporate welfare" the taxpayers would have been better off supporting the workers instead.
This idea of corporate welfare to help the company out rarely works long term and is getting worse and worse.
We now have companies shopping around for welfare packages and putting one province/state against another to see who will come up with the most tax incentives.
Businesses are supposed to bring jobs and taxes to an area, not using taxes to bring businesses to an area. Look at when the company receives massive rebates/tax incentives for job commitments, yet fails to make the commitments, what punishment do they face?
- nullish_signal 4y ago"Wonder, Cunning, Toil, then Anger" An Ode to Never Trusting a Gilded Stranger!
- galaxyLogic 4y agoThere is an element of national security involved here. Currently the best chips come from Taiwan, and China claims Taiwan is part of China. In the future wars will be fought with robot-soldiers. The robot with the fastest chips will be the smartest of them all.