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
Our Take

House Agriculture Committee Looks to Milk Taxpayers

February 24, 2017

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

Press Releases

Gone with the Wind: How Taxpayers Are Losing Millions in Revenue from Wasted Gas

August 11, 2016

Gone with the Wind: How Taxpayers Are Losing Millions in Revenue from Wasted Gas WASHINGTON, DC —Federal taxpayers lost nearly $600 million in royalty revenues during a 10-year period ending in 2015 because of royalty... Read More

Event Summary

Prepping the Ground for Farm Bill Reform

July 29, 2016

Prepping the Ground for Farm Bill Reform Most of the programs created in the trillion-dollar 2014 farm bill are authorized through 2018. Consequently, Congress is unlikely to have a... Read More

Letters & Testimony

TCS Calls for Federal Coal Reform at BLM Hearing in Colorado

June 23, 2016

TCS Calls for Federal Coal Reform at BLM Hearing in Colorado Below are TCS Co-Founder Jill Lancelot's official remarks today at BLM's listening session in Grand Junction, Colorado on reforming federal coal.... Read More

More in-depth material from TCS in Eliminate Corporate Welfare
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

101

Just the Facts About the 2014 Farm Bill Income Entitlements

September 15, 2016

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

TCS appearances in the media in Eliminate Corporate Welfare

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

Congress Shouldn’t Repeal Federal Methane Rule

February 04, 2017 | Denver Post

The Bureau of Land Management is charged with ensuring a fair return to taxpayers and minimizing waste from the development of natural... Read More

Alexander: Don’t rush to judgment on new waste prevention rule

February 03, 2017 | Casper Star Tribune

In the next few weeks, Congress could turn back the clock to 1979. That is when the original rules for venting and flaring natural gas... Read More

Congress Could Subsidize Kemper Coal Plant

November 15, 2016 | WXXV 25

Mississippi Power’s Kemper County Power Plant could soon be getting a little help from the government. A new report warns that congress could... 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

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Corporate Welfare in Agribusiness

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How US agriculture policy favors corporations over family farms.