New documentary: Corporate Welfare

A new CATO documentary with Johan Norberg. Corporate Welfare… “tells personal stories of the effects of tax exemptions, subsidies, government regulations, and bailouts [and] takes viewers across America to talk with individuals whose lives and livelihood have been directly affected by the outrages of corporate welfare.”

Giving companies ‘tax breaks’ sounds vaguely progressive, but actual lower taxes would benefit all… and not just a few big companies with hot-shot lobbyists and accountants. It also sounds progressive to give successful mega-farms ‘subsidies’. Because without such taxpayer-funded subsidies we’d all starve, right? Wrong… “fruit and vegetable farmers get no subsidies” and they do just fine, and can sell to whoever they want in a free market. Norberg also wonders about the curious lack of outrage from leftists over such massive and ongoing corporate subsidies.

Available in full on YouTube.