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Corporate welfare News

Op-Ed: Proposed tax on foreign-parked corporate profit a good idea

President Barack Obama scores another winner with his proposal to offer a temporary, 14 percent tax on U.S. corporations' foreign-parked profits, followed by a 19 percent tax after this year. This tax is intended to pay for infrastructure improvements.

Op-Ed: US food aid is corporate welfare

The US food aid programme is corporate welfare for giant agribusinesses, according to a detailed analysis of the data by the Guardian.

Op-Ed: Corporate Welfare outpaces Social Welfare in Canada

Although accurate statistics are difficult to find, what stands out from any accounting of government spending over the last decade is that expenditures on corporate welfare are almost twice that of expenditures on social welfare.

Op-Ed: Capitalism impedes creative thinking to deal with desperate times

There's millions of desperate people to be found around the world, hit hard by the recession. The jobless recovery is not getting any boosts from governments who are turning away from stimulus spending in favour of austerity measures.

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