Who Pays for Corporate Welfare?
As the 2000 U.S. presidential election heats up, citizens consider the undemocratic practice of corporate welfare. SocialFunds.com — Investors concerned with the social and environmental costs of corporate practices would do well to follow the growing debate over “corporate welfare,” the government support of corporations through tax breaks, preferential spending, or other benefits. Although these practices may be considered beneficial by some shareholders, their fundamental inequity obscures long-term impacts to the economy, environment, and society.
