Absolutely not. There is no reason to allow US companies to set up fake "shell" companies off-shore in order to avoid paying taxes. Don't get me started on this... It makes me rant
Laura,
38
Lowell, MA USA
I have no idea.
Karen,
24
Ames, IA USA
What is corporate welfare? I'm not familiar with the concept.
Jane,
63
West Linn, OR USA
Depends on the extent of it and the potential for commuity return. A tax break for a large company that could be anywhere I can kind of see, a new stadium that won't provide many jobs and if successful actually makes its money off the community rather than adds to its economy doesn't need or deserve it.
Alias Irrelevante
When taxpayers also benefit.
Jill,
61
Saylorsburg, PA USA
Nope
Keri-Jade,
23
Brampton, Ontario CANADA
Sometimes
it is, because it would hurt the country more to let the corporation go
under. The Chrysler bailout years ago helped a lot of people in my area
as well as the Detroit-area economy in general. I think there have to
be strings attached, though. There has to be a payback of the money and
there have to be efforts to move the corporation towards efficiency or
efforts to move the workers to a different industry if it's an industry
that has no future.
Cathie,
53
Novi, MI USA
i
would like to think corporate welfare is justified. it is there to help
out people when they are down.
like if someone gets laid off there is unemployment insurance to help.
women who are in need of child support are helped.
people who are in need of housing and jobs and so on are also helped.
having corporate welfare is a good thing and it is justified because life
tosses situations at people and they need a little help at times to get
going again. now on to the other side of my brain. it is justified but
too many people are abusing it and that makes me just want to cut it off
period. so many people take advantage of the good things people put in
place. its not fair. there are just a bunch of lazy cons using up the
programs and money while there are good people truly in need that are
going without.
i would cut everyone off and start over with a more secure process with
lots of added limits and security checks. i would make sure that it would
damn near impossible for people to take advantage of the programs and
money.
ingrid,
22
Stockton, CA USA