Corporate welfare is when the government favors certain businesses in the form of direct subsidies, tax credits, or favorable regulatory schemes. Sometimes this practice is referred to as “economic development.” This label creates a dangerous misconception about corporate welfare, which is known to hinder, if not reverse, economic growth.
USAA Scorns Its Trump-Voting Members By Debanking The Lawyer Who Defended Him
USAA was ‘founded on military values.’ Now it embraces leftist ideas, transgender ideology, and corporate cancel culture. Mention the word “debanked,” and some might think you stuttered or misspoke. Explain what debanking is — financial institutions canceling a customer over his politics — and most will think you’re paranoid. Yet from oil and gas service firms...