Examines the corporate abuse of tax breaks and subsidies authorized by the IRS under the guise of corporate welfare.
Written in 2004; 1,081 words; 2 sources; APA; $ 37.95
Paper Summary:
This paper looks at the way various industries have been able to abuse policies granting them tax breaks and subsidies under the pretense that these policies are necessary for corporate welfare. The paper cites concerns about these abuses by both conservative and liberal think tanks and suggests practices that could be put into place to help guard against these abuses.
From the Paper:
"It seems reasonable to assume that true abuses of fiscal policy are a universal concern even among those who have differing political stance. To be liberal or conservative does not mean the two perspectives never agree. There was enough agreement among the three think tanks that they were able to issue a joint statement regarding corporate welfare, identifying a "dirty dozen" examples of "corporate welfare" they all agreed should be ended ((Hemphill, 1997)."
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