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单词 corporate welfare
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corporate welfare
corporate welfare n. chiefly depreciative (originally Canadian) government support or subsidy of private business (esp. of large companies or business organizations) through tax incentives, grants, etc.
ΘΚΠ
society > trade and finance > fees and taxes > grants and allowances > [noun] > subsidy by a state > to merchants or manufacturers
bounty1719
corporate welfare1970
1970 Record-Gaz. (Peace River, Alberta) 18 Nov. 1/6 GCOS [= Great Canadian Oil Sands Ltd.] made $150,000,000 last year and the government gave the company another $2,000,000 this year. ‘I call that corporate welfare,’ Mr. Notley said.
1997 New Yorker 17 Feb. 34/1 Press conferences reflected a growing sense among politicians that some of the more spectacular benefits—less politely known as ‘corporate welfare’—have become an embarrassment in this budget-fussy era and need to be scaled back.
2021 Cairns Post (Austral.) (Nexis) 26 Mar. 32 Corporate taxation is especially in need of reform. After all, can we really afford such generous corporate welfare when Australia's debt will soar to almost one trillion dollars..by 2024?
extracted from corporateadj.adv.n.
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