Meaning of corporate welfare bum in English:

corporate welfare bum


informal Canadian
  • A business or business executive perceived to be exploiting tax loopholes or benefiting unduly from government subsidies or tax breaks.

    • ‘I'd like to see the corporate welfare bums pay their fair share of taxes’


1970s popularized by Canadian politician David Lewis (1909–81) of the New Democratic Party during the 1972 federal election.