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 damaging misconception about corporate welfare, which leads to economic contraction rather than expansion.
Liberty Action Agenda
The Liberty Action Agenda is a set of critical reforms that must be made to promote and defend liberty, personal responsibility, and free enterprise in Texas. To ensure the flourishing of Texans during the next quarter-century, we must work now toward these bold policy proposals that embody the Texas ideal. FULL CAMPAIGN AGENDAS Taxpayer Protection Project | Government Reform and Oversight Coalition |...