home.social

#corporatewelfare — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #corporatewelfare, aggregated by home.social.

  1. The Tangerine Tyrant's economic & benefits 'policy' is a classic example of one segment of capital being privileged over others....

    By reducing both food stamps & the US Supplemental Nutrition Assistance Program (SNAP) those firms whose key business is selling food to the poor have seen a swift decline in demand;

    which might lead one to the conclusion that such benefits rather than being aimed at the poor were actually corporate subsidies for food retailers?

    #CorporateWelfare
    h/t FT

  2. #Mining companies taking resources from #SubArctic and #Arctic regions in #Canada are #corporateWelfare bums who don't pay their bills, expect public bailouts and leave #toxic messes behind. When will #nwtpoli and #cdnpoli finally stop these abuses? cbc.ca/news/canada/north/ekati

  3. In another development that sees the Court of Tangerine Tyrant advantaging the corporate sector, the promised refunds for tariff payments made by US firms (for tariffs now struck down by the US Supreme Court) seem unlikely to find their way to consumers who paid the higher prices to cover them (nor will the higher prices likely go down any time soon) - so, yes, a nice little additional subsidy to the corporate sector.

    #tariffs #economics #CorporateWelfare
    #USPol

    bbc.co.uk/news/articles/c7vqgg

  4. @RuthODay2

    yeah, exactly.

    I was distracted and forgot to add, it's likely
    "...bring down costs for "the Biggest Canadian Corporations" under the guise of helping save jobs.

    They can afford to pay employees, but you know the shareholders will whine!

    Or it's another silly window dressing for the average Canadian--a great announcement that is a nothingburger.

    #CorporateWelfare

  5. Having seen firsthand how poorly Stankey runs AT&T, I'll take his concerns with a grain of salt. This move to the burbs is just a big money-grab.

    Enjoy Plano & that horizontal campus, asshole.

    AT&T CEO questioned ‘effective’ governance of Dallas months before announcing move

    @dallasnews

    🆓🔗 archive.ph/BWBLh

    dallasnews.com/business/2026/0

    #JohnStankey #ATT #Dallas #Plano #CorporateWelfare #Suburbs #Texas

  6. Having seen firsthand how poorly Stankey runs AT&T, I'll take his concerns with a grain of salt. This move to the burbs is just a big money-grab.

    Enjoy Plano & that horizontal campus, asshole.

    AT&T CEO questioned ‘effective’ governance of Dallas months before announcing move

    @dallasnews

    🆓🔗 archive.ph/BWBLh

    dallasnews.com/business/2026/0

    #JohnStankey #ATT #Dallas #Plano #CorporateWelfare #Suburbs #Texas

  7. Having seen firsthand how poorly Stankey runs AT&T, I'll take his concerns with a grain of salt. This move to the burbs is just a big money-grab.

    Enjoy Plano & that horizontal campus, asshole.

    AT&T CEO questioned ‘effective’ governance of Dallas months before announcing move

    @dallasnews

    🆓🔗 archive.ph/BWBLh

    dallasnews.com/business/2026/0

    #JohnStankey #ATT #Dallas #Plano #CorporateWelfare #Suburbs #Texas

  8. Having seen firsthand how poorly Stankey runs AT&T, I'll take his concerns with a grain of salt. This move to the burbs is just a big money-grab.

    Enjoy Plano & that horizontal campus, asshole.

    AT&T CEO questioned ‘effective’ governance of Dallas months before announcing move

    @dallasnews

    🆓🔗 archive.ph/BWBLh

    dallasnews.com/business/2026/0

    #JohnStankey #ATT #Dallas #Plano #CorporateWelfare #Suburbs #Texas

  9. Having seen firsthand how poorly Stankey runs AT&T, I'll take his concerns with a grain of salt. This move to the burbs is just a big money-grab.

    Enjoy Plano & that horizontal campus, asshole.

    AT&T CEO questioned ‘effective’ governance of Dallas months before announcing move

    @dallasnews

    🆓🔗 archive.ph/BWBLh

    dallasnews.com/business/2026/0

    #JohnStankey #ATT #Dallas #Plano #CorporateWelfare #Suburbs #Texas

  10. "We can't let them fail! They're too big!"

    Then you didn't have capitalism.

    You had socialism for corporations and "personal responsibility" for everyone else.

    Privatised profits, socialised losses.

    It's not a bailout. It's theft with a press release.

    #CorporateWelfare #Bailouts #Capitalism #Cronyism #Sovereignty

  11. "We can't let them fail! They're too big!"

    Then you didn't have capitalism.

    You had socialism for corporations and "personal responsibility" for everyone else.

    Privatised profits, socialised losses.

    It's not a bailout. It's theft with a press release.

    #CorporateWelfare #Bailouts #Capitalism #Cronyism #Sovereignty

  12. The (now seemingly) likely refund of tariffs (now deemed illegal) paid in the US by importers, may actually turn out to be yet more corporate welfare.

    If importers raised their prices to cover tariff charges, but then receive a refund on those charges, but do not pass that refund onto customers (which to be frank may actually be impractical at the retail level), then either the importers or the retailers (if refunds are passed down) are getting a windfall!

    #tariffs #USPol #CorporateWelfare

  13. Oh look, another banner year for Adani's Carmichael miracle! $1.27 BILLION in revenue shovelled out of Queensland's dirt in FY25. Australian corporate tax contributed? A generous $0.00. Because, naturally, all those 'profits' are magically transformed into 'debt repayments' to the mothership in India. Who needs taxable income when you've got creative accounting that would make a magician blush?
    Meanwhile, Queensland's LNP government just gifted them another royalty deferral sweetheart deal — because why collect what the public is owed when you can defer it indefinitely and call it 'investment boost'? Hundreds of millions potentially shortchanged on royalties (experts reckon up to $625M over a few years if they weren't flogging coal at suspiciously low prices to related parties). But hey, Adani promises it'll all pay back... someday... with interest. Sure. Just like that $22 billion in taxes & royalties they swore would fund our schools and hospitals forever. How's that going, by the way?
    Gautam Adani loves banging on about 'transparency' in India — voluntarily sharing tax reports, setting benchmarks, the works. Here in Oz? Crickets. Ghosted harder than a bad tinder date. While the minerals council runs ads screaming 'Mining pays for medicare!', Adani's busy proving the loophole is mightier than the tax code.
    Aussies pay their taxes so billionaires can play hot potato with profits across borders. Classic. Who's ready for round two of subsidising coal barons while our services crumble?

    #Adani #TaxTheRich #CorporateWelfare #AusPol #CarmichaelCon

    independentaustralia.net/polit

  14. Apparently, the Labour Govt. is having discussions about whether a universal basic income for those sectors whose employment prospects are most degraded by AI might be a strategic priority;

    of course that's not UBI but sectoral support, and like in-work benefits would actually just be another subsidy to the employers.

    So while it looks like a worker-friendly policy in the end it would just be more corporate welfare (if its only applied to some sectors).

    #CorporateWelfare #AI #workers
    h/t FT

  15. How do rich industrialists stay rich?

    By maximising the corporate welfare the receive, to see their businesses running....

    Of course, they'll be claiming at the same time to be champions of free un-regulated markets & that workers need to understand the welfare state cannot bail them out when they are in trouble.

    As the old saying goes: its socialism for the rich & capitalism for the rest of us.

    #CorporateWelfare #politics #capitalism

    theguardian.com/business/2025/

  16. 🚨GlaxoSmithKline is quietly receiving BILLIONS in tax breaks based on broken promises! 🤬 Sign this huge invoice now from the British public, asking for the £3.4 billion back! 😤 👇No to #BigPharma tax breaks & #CorporateWelfare! 🤬 38d.gs/fx5t att. @10DowningStreet!
    #Politics

  17. "Weak accountability, bad quality data and poor contracting were identified as the primary causes of the £10.9 billion pound losses – which were enough to fund daily free school meals for the UK’s 2.7 million eligible children for eight years."

    #UKPol #Tories #Covid #CorporateWelfare #Fraud

    gov.uk/government/news/covid-f