Eliminate Corporate Welfare

Corporate welfare can be defined as federal subsidies to profitable, well-established industries that do not need them. These subsidies can take different forms, including direct payments, preferential tax treatment, or government-backed insurance policies. ...More

Some of the most profitable industries in the world, such as oil and gas companies, still receive billions of dollars worth of subsidies from taxpayers every year.

Subsidies such as preferential tax rates for select industries distort free market forces and put Congress in the position of choosing winners and losers. Many industries that receive some form of corporate welfare from the federal government also manage to spend millions on lobbyists and campaign contributions every year to keep these very subsidies in place. Federal subsidies to profitable corporations are a waste of tax dollars and Congress should eliminate them immediately.

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All the latest content from TCS in Eliminate Corporate Welfare

The Renewable Fuel Standard: Taxpayer Costs and False Promises

July 08, 2017

The Renewable Fuel Standard: Taxpayer Costs and False Promises Over the past decade, biofuels have been portrayed as a way to help achieve U.S. energy independence, reduce greenhouse gas (GHG)... Read More

Letters & Testimony

TCS Urges House Committee to Oppose Soda Ash Giveaway

June 27, 2017

TCS Urges House Committee to Oppose Soda Ash Giveaway On Tuesday, TCS sent the following letter to the House Natural Resources Committee, urging Members to avoid repeating past mistakes and to oppose a royalty reduction for Soda Ash.... Read More

Letters & Testimony

Protect Taxpayers from Millions in Lost Royalty Revenue: Vote No on H.J.Res.36

May 10, 2017

Protect Taxpayers from Millions in Lost Royalty Revenue: Vote No on H.J.Res.36 TCS sent the following letter to the Senate, telling Senators to not use the blunt axe of the CRA to repeal the BLM Methane Waste Rule. ... Read More

Our Take

House Agriculture Committee Looks to Milk Taxpayers

February 24, 2017

House Agriculture Committee Looks to Milk Taxpayers Agriculture Committee members ignore cost overruns to plead for more subsidies for dairy.... Read More

Letters & Testimony

Letter to Congress: Using the CRA for Methane Rule Hurts Taxpayers

February 02, 2017

Letter to Congress: Using the CRA for Methane Rule Hurts Taxpayers Taxpayers for Common Sense and the Center for Methane Emissions Solutions sent a letter to capitol hill early Thursday morning urging members... Read More

Press Releases

Report: Kemper Disaster Could Get Billions from Taxpayers in Lame Duck Deal

November 15, 2016

Report: Kemper Disaster Could Get Billions from Taxpayers in Lame Duck Deal WASHINGTON, D.C. — A new report from Friends of the Earth and Taxpayers for Common Sense sounds the alarm on a lame duck tax deal that could... Read More

More in-depth material from TCS in Eliminate Corporate Welfare
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Just the Facts About the 2014 Farm Bill Income Entitlements

June 02, 2017 > Updated: June 02, 2017

Promises that the 2014 FARM BILL would produce savings for taxpayers are failing to bear fruit. This is because of exploding costs in the... Read More

Fact Sheets

How the New Methane Rule Benefits Taxpayers

January 06, 2017

The Bureau of Land Management (BLM) administers mineral leasing on 245 million acres of public lands, including onshore federal oil and... Read More

Reports & Data

Coal Tax Subsidies: A Boon for Kemper

November 15, 2016

A new report from Taxpayers for Common Sense (TCS) and Friends of the Earth (FOE) sounds the alarm on a lame duck tax deal that could send... Read More

Reports & Data

Reform the Tax Code

September 22, 2016

The U.S. tax code last underwent a major overhaul 30 years ago. Today, it is a confusing thicket of narrow carve-outs, parochial preferences,... Read More

TCS appearances in the media in Eliminate Corporate Welfare

Taxpayers Lose if Congress Axes the Bureau of Land Management Methane Rule

May 09, 2017 | U.S. News & World Report

I've written about the Bureau of Land Management's proposals to reduce methane waste before. It's hard to believe solving such an obvious... Read More

No sense killing dandelions if you lose the grass

February 16, 2017 | Lewiston Morning Tribune

It's enough to give you a pain in the neck, or back or even your wrists. No, seriously. Back in 2001, the Republican Congress and the newly... Read More

Ryan Alexander: Repeal of natural gas waste rule would hurt taxpayers

February 12, 2017 | Herald Dispatch

The U.S. Senate is taking up a measure to repeal a rule that curbs natural gas waste and gets taxpayers a fair return. Hopefully, the West... Read More

Ryan Alexander: CRA Repeal Could be a Disaster for Taxpayers

February 11, 2017 | Dickinson Press

The North Dakota Congressional Delegation will soon vote on a proposal to repeal a Bureau of Land Management rule to curb venting and flaring... Read More

Amid Senate Focus, House Approves CRA Attack On BLM Methane Rule

February 06, 2017 | Inside EPA

House Republicans have approved a resolution to rescind the Bureau of Land Management's (BLM) rule targeting wasted methane from oil and gas... Read More

Weekly Wastebasket

Our weekly reality-check for federal spending. View All

August 12, 2016

Fueling Corporate Welfare

  Congress is out for the summer, but government agencies are still at work. The Department of the Interior is... Read More

TCS Rated 4-Star Charity!

Corporate Welfare in Agribusiness

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How US agriculture policy favors corporations over family farms.