Cutting Corporate Welfare

Cutting Corporate Welfare

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In this groundbreaking pamphlet, based on testimony he delivered before Congress, Ralph Nader describes how corporations are picking our pockets, and what we can do to stop them. While the United States continues to experience unprecedented cuts in social service programs and millions of Americans go without health insurance, massive corporations continue to reap huge sums of taxpayer money through qcorporate welfareqa€”corporate subsidies, bailouts, giveaways, and tax escapes. Cutting Corporate Welfare details numerous appalling examples of corporate welfare, including: the giveaway of the public airwaves, which by definition belong to the people, to private radio and television stations (including the latest $70 billion gift of the digital spectrum); taxpayer subsidies for giant defense corporation mergers and commercial weapons exports to governments overseas; and the practice of making patients pay twice for drugsa€”first, as taxpayers subsidize the drugsa€™ development, and again, as patients, after the federal government gives monopolistic control over the chemicala€™s manufacture to a price-gouging drug company. Cutting Corporate Welfare sounds a wake-up call for those concerned about how we are being pick-pocketed by big business, and what we can do to stop it.(In fact, in Toledoa#39;s desperate rush to please DaimlerChrysler, the city has undertaken what appears to be a campaign of harassment and intimidation designed to push a local auto body repair shop a€” Kima#39;s Auto Body a€” out of business, andanbsp;...

Title:Cutting Corporate Welfare
Author: Ralph Nader
Publisher:Seven Stories Press - 2011-01-04

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