Robert Reich: Corporate Welfare is Sucking the Life Out of Ordinary Americans
Corporate welfare is often camouflaged in taxes that seem neutral on their face but give windfalls to big entrenched corporations at the expense of average people and small businesses.
Take a look at commercial property taxes in California, for example.
In 1978 California voters passed Proposition 13 – which began to assess property for tax purposes at its price when it was… Read more…