Definition of corporate welfare in English:

corporate welfare


  • Government support or subsidy of private business, such as by tax incentives.

    ‘They no more support corporate welfare than the left.’
    • ‘They have no interest in doing away with the vast corporate welfare and regulatory state.’
    • ‘Looting takes the form of clever tax evasion schemes, corruption and corporate welfare.’
    • ‘Do you have any idea how much corporate welfare goes on?’
    • ‘Massively reducing corporate welfare, welfare for the wealthy and various tax lurks would be necessary.’
    • ‘The left is concerned that these subsidies may be a form of corporate welfare that provides funding support to large corporations for hiring they would have done anyway.’
    • ‘He strongly believes that taxpayers should support corporate welfare for his corporation and other wealthy companies such as Bombardier, Canada's largest.’
    • ‘These training-grants are nothing but corporate welfare, subsidizing companies by creating a huge pool of highly-skilled, low-wage workers.’
    • ‘Opponents claim that incentives are nothing more than corporate welfare that shifts tax burdens onto residents, small businesses and others to pay for public services.’
    • ‘To keep American taxes at reasonable levels I would eliminate all farm subsidies, tariffs, quotas, and price supports, along with other forms of corporate welfare.’
    • ‘Do you support taxes that are used for corporate welfare?’
    • ‘Surely, the corporate welfare recipients have to keep these low-wage, subsidized workers on the payroll for a minimum period.’
    • ‘Economic incentives are controversial, either denounced as corporate welfare or hailed as public investments.’
    • ‘Such incentives also can be controversial and some consider them corporate welfare.’
    • ‘Much of that corporate welfare consists of tax deductions, credits, or what have you, that the public perceives as ‘free’ because we're not handing them a fistful of cash.’
    • ‘So no, it isn't corporate welfare; it's an attempt to deal with the difficult, but inevitable circumstance of companies whose fortunes take an irreparable turn for the worse.’
    • ‘In it, they instructed the audience, consisting of representatives of major corporations, on some of the finer points of how to milk their state governments for corporate welfare.’
    • ‘When the nation is trillions in debt, the biggest debt ever, you either have to stop spending on things like the military, the war on drugs, or corporate welfare, or raise taxes.’
    • ‘On government spending, for instance, more and more conservatives have raised objections to corporate welfare and the burgeoning deficit.’
    • ‘Now, I happen to think that this is a stupid law, for it essentially forks over huge sums of corporate welfare to global giants that are massively profitable.’