corporate welfare

American  

1. financial assistance, as tax breaks or subsidies, given by the government to profit-making companies, especially large corporations.

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Etymology

Origin of corporate welfare

1990–95,

Example Sentences

Although he is critical that the tax breaks amount to "corporate welfare" for behemoth companies, Mr Worthington says they are a necessary evil if LA wants to compete - both Australia and the UK now have more lucrative tax breaks than California.

From BBC

Garcia “developed a new district focused on transparency and the elimination of corporate welfare,” Griffin said.

From Seattle Times

“I do not support corporate welfare, … but I also do not support unjust enrichment,” Essayli said Thursday.

From Seattle Times

Congressional critics of the subsidies programs have said the largesse creates an unnecessary pot of corporate welfare for highly profitable industries.

From Washington Post

Once criticized by conservatives as "picking winners and losers" and by progressives as corporate welfare, a U.S. industrial policy is enjoying a rare bipartisan consensus, even in staunchly Republican states like Ohio.

From Reuters