The tax breaks, bailouts, direct payments, and grants that the government gives to corporations are referred to as

Question

Trent Holmes

Business

9 April, 07:58

The tax breaks, bailouts, direct payments, and grants that the government gives to corporations are referred to as

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Damari Walters · Answer 1

Corporate welfare

Explanation:

Corporate welfare is defined as the giving of financial grants, tax breaks, bailouts, etc by the government to large firms or organizations. This corporate welfare also shows how much less these organizations need such benevolent acts from the government compared to the poor and average members of the society. More often than not, the value of corporate welfare is not disclosed to the public thereby making it difficult to wrap one's head around how much corporate welfare the government is giving these corporations or organizations.

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