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corporate welfare
- financial assistance, as tax breaks or subsidies, given by the government to profit-making companies, especially large corporations.
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Word History and Origins
Origin of corporate welfare1
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Example Sentences
“The notion of money corrupting politics, of corporate welfare, and of crony capitalism—this is the stuff that left- and right-wing populism are made of,” says Robert Reich, formerly an economic adviser to the Clinton administration.
But back in the 1990s, that usually took the form of fighting corporate welfare, of which he was an early GOP critic.
There is sentiment against corporate welfare, and this is a ‘doable’ target [for elimination].
Environmentalists, small government activists, and free traders alike should be working to end this unnecessary corporate welfare.
To cut the deficit, for instance, he could have proposed ending specific corporate-welfare programs.
There is no Republican plan to get rid of corporate welfare or taxpayer subsidies.
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