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
Letters & Testimony

Fannie and Freddie Coalition Letter

August 25, 2015

Fannie and Freddie Coalition Letter     August 25, 2015   Open Letter to the House and Senate: Protect Taxpayers from Another Fannie/Freddie Bailout – Enact the Enterprise... Read More

Event Summary

TCS Tells DOI to Ensure a Fair Return for Federal Coal

August 04, 2015

TCS Tells DOI to Ensure a Fair Return for Federal Coal In downtown Washington, D.C. last week, top Department of Interior (DOI) officials hosted the first of several “listening sessions” on the... Read More

Our Take

GAO Report: Inadequate Bonding Requirements for Wind and Solar Projects

July 02, 2015

GAO Report: Inadequate Bonding Requirements for Wind and Solar Projects Last week, the Government Accountability Office (GAO) released a new report on the Bureau of Land Management (BLM)’s bonding requirements for... Read More

Our Take

Military Unfunded (and Unexplained) Priority List

April 01, 2015

Military Unfunded (and Unexplained) Priority List It’s Spring, finally. The promise of cherry blossoms fills the air in Washington. It’s also that time of year in the nation’s capital when a... Read More

Our Take

Senate Budget Committee Holds Hearing on The Benefits of a Balanced Budget

March 23, 2015

Senate Budget Committee Holds Hearing on The Benefits of a Balanced Budget At a March 11th Senate Budget Committee hearing on the benefits of a balanced budget, lawmakers discussed government waste, corporate welfare,... Read More

Letters & Testimony

Joint Letter to the Senate Urges Renewable Fuel Standard Reform

February 26, 2015

Joint Letter to the Senate Urges Renewable Fuel Standard Reform Today, TCS joined 34 other organizations in support of a new measure to reform the failed Renewable Fuel Standard (RFS)... Read More

More in-depth material from TCS in Eliminate Corporate Welfare
Reports & Data

Report: Understanding Federal Subsidies for the Biofuels & Biomass Industries

September 09, 2015

This report examines the subsidies the ethanol industry has received over the last three decades on all steps of the supply chain, and how biofuel and biomass subsidies have allowed the federal government to pick winners and losers, distort energy and agriculture markets, and contribute to expansion and overproduction of certain types of bioenergy.... Read More


Shallow Loss Agriculture Programs 101

August 06, 2015

What are “shallow loss” agriculture programs?... Read More


Golden Fleece: Blinders for Blender Pumps

July 21, 2015

With his creation of a new program to spend $100 million to pay for new gas station pumps that can handle high-blend ethanol fuels, Secretary... Read More

Fact Sheets

Political Footprint of the Oil and Gas Industry - June 2015

June 01, 2015

Profits and political spending of the oil and gas industry remained strong in 2014. According to the financial statements of some of the... Read More

TCS appearances in the media in Eliminate Corporate Welfare

Trump’s Tax Plan

October 01, 2015 | Capital Insider

WASHINGTON — Republican front runner Donald Trump has released his highly anticipated tax plan. Now, some analysts are saying the numbers... Read More

Spun Out of Control

September 16, 2015 | U.S. News & World Report

This week, the Department of Energy announced it would cut funding for the troubled American Centrifuge Project. In a time of acrimony and... Read More

Stabenow Seeks Tax Sweeteners for NASCAR Track Operators

July 02, 2015 | Roll Call

Sen. Debbie Stabenow, D-Mich., is teaming with Senate Appropriations Chairman Thad Cochran, R-Miss., and other senior Republicans in pressing... Read More

Iowans must press candidates on tax reform

June 25, 2015 | The Des Moines Register

Iowans are accustomed to presidential hopefuls practically taking up residency in the Hawkeye State every four years. As you know all too... Read More

No Taxpayer Dollars for the ‘Bank of Boeing’

June 03, 2015 | OtherWords

The Ex-Im Bank is a favor factory for politically well-connected corporations trolling for handouts.... Read More

Weekly Wastebasket

Our weekly reality-check for federal spending. View All

July 02, 2015

Tippling Tax Breaks for the Fourth

For many Americans, the Fourth of July is not just a day to celebrate the birth of our nation, but also to enjoy... Read More

20th Anniversary Celebration

Corporate Welfare in Agribusiness

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How US agriculture policy favors corporations over family farms.

Our Take

The Rules Don’t Apply to Us

October 07, 2015


Let States Build Their Own Highways

October 06, 2015

Weekly Wastebasket

Waste It Or Lose It

October 02, 2015