All articles tagged with #corporate welfare
California politicians, who once opposed Hollywood tax breaks as corporate welfare, are now supporting a $750 million subsidy to boost movie and TV production, claiming it will create jobs, reflecting a shift from past opposition to industry support.
House Republicans passed legislation last year making modest changes to work requirements for certain government programs, but a recent tax package agreement could effectively undo that progress by expanding the welfare state through changes to the child subsidy program. The legislation increases the refundable portion of the subsidy, indexes it to inflation, adjusts the structure to allow for lower earnings, and weakens the earnings requirement, potentially leading to more families on government rolls than in work. In exchange for this expansion, Republicans achieved the extension of some corporate tax breaks, which some view as corporate welfare.
Florida Governor Ron DeSantis says there is "zero" chance he will back down from his dispute with Disney over the company's special self-governing status, despite criticism from some fellow Republicans. DeSantis has sought to end Disney's special status since the company criticized his "Don't Say Gay" law last year. Disney sued DeSantis last month, alleging the state is harming the company's business operations. Several Republicans in the state have appeared wary of DeSantis's feud with Disney, with some accusing him of costing the state jobs and investments over his "personal vendetta."