corporate welfare

The beneficiaries of what can properly be defined as corporate welfare include some of America’s biggest employers, such as Walmart, McDonald’s and Amazon.

The reason that our system is as broken as it is is because we've allowed the same kinds of corporate welfare policies to abound: whether it's in health care; whether it's in groceries; whether it's in food processing; whether it's in Big Tech and telecommunications.

Although he is critical that the tax breaks amount to "corporate welfare" for behemoth companies, Mr Worthington says they are a necessary evil if LA wants to compete - both Australia and the UK now have more lucrative tax breaks than California.

Some critics derided the plan as corporate welfare.

“It was just a concern of running it before we gave real tax relief to our constituents — kind of that juxtaposed look of what appears to be corporate welfare before you’re getting tax relief to the people,” Masterson said after deciding against having a Senate vote.