Corporate Welfare: When Republicans punish the poor with “Capitalism” and reward the rich with “Socialism”
Much of the news from Republicans in Congress has been about their attacks on the agenda of Democrats, with abundant false claims of scary “socialist” policies. We do have socialism in this country — but it is not policies promoted by Democrats. The real socialism is corporate welfare. Thousands of big American corporations rake in billions each year in government subsidies, bailouts, and tax loopholes—all funded on the taxpayer dime, and all contributing to higher stock prices for the richest 1 percent who own half of the stock market, as well as CEOs and other top executives who are...
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