Corporate Welfare versus Invidual Welfare. Which Costs Taxpayers the Most?

[WelfareQueen]

One of our liberal posters used the phrase "Corporate Welfare" today. We have all heard the term, mostly used by folks on the left, and they use the typical moral equivalency argument. You know..."well maybe we spend a lot on welfare...but those bastard Corporations get Corporate welfare and that is just as much money and it's even worse."

So I had to look it up. How much does "Corporate Welfare" cost we the Taxpayers versus Individual Welfare?


According to the Cato Institute Corporate Welfare costs the U.S. taxpayer $100 billion a year. Self-identified Socialist Senator Bernie Sanders puts the number at $125 billion a year. For the sake of argument...we'll go with Bernie.


Corporate Welfare Costs $125 billion. Corporate welfare - Wikipedia, the free encyclopedia


Individual Welfare Costs $927 billion. These are programs strictly for the poor. No Medicare or Social Security. This is just for Medicaid, AFDC, SNAP, CHIP, Housing Assistance, Energy Cost Assistance, SSI, and TANF

Link: Social programs in the United States - Wikipedia, the free encyclopedia


"Not including Social Security and Medicare, Congress allocated almost $717 billion in Federal funds in 2010 plus $210 billion was allocated in state funds ($927 billion total) for means tested welfare programs in the United States--later (after 2010) expenditures are unknown but higher."[3]



So in summary. The Federal Government spends $125 billion a year in Corporate Welfare. The Federal Government spends $927 billion a year on individual Welfare. Corporate Welfare accounts for 13% of the costs of Individual Welfare. Individual Welfare Costs have gone up 31% over the last 10 years. Corporate Welfare costs have remained flat.


Hope these facts clear things up for everyone and kill yet another phony talking point. Your welcome.

 

[rdean]

There are a lot more people than corporations. And since so many corporations moved their jobs to China under Bush and the Republicans helping with corporate subsidies, the GOP created poor need the help.

I know.

I know.

Let 'em die. Thank God most of us don't feel that way. Seems to be limited to one party.

 

[WelfareQueen]

There are a lot more people than corporations. And since so many corporations moved their jobs to China under Bush and the Republicans helping with corporate subsidies, the GOP created poor need the help.

I know.

I know.

Let 'em die. Thank God most of us don't feel that way. Seems to be limited to one party.

Nice ad hominem based strictly on your opinion with zero factual basis.


I provided the facts with links. Despite your spin, the fact remains....Federal Individual Welfare spending exceeds Corporate Welfare spending by over 740% or over $800,000,000,000.00 billion dollars. Just wanted to make that clear.

 

[SwimExpert]

No Medicare or Social Security. This is just for Medicaid, AFDC, SNAP, CHIP, Housing Assistance, Energy Cost Assistance, SSI, and TANF

Fix this.

 

[chikenwing]

There are a lot more people than corporations. And since so many corporations moved their jobs to China under Bush and the Republicans helping with corporate subsidies, the GOP created poor need the help.

I know.

I know.

Let 'em die. Thank God most of us don't feel that way. Seems to be limited to one party.

Nice ad hominem based strictly on your opinion with zero factual basis.


I provided the facts with links. Despite your spin, the fact remains....Federal Individual Welfare spending exceeds Corporate Welfare spending by over 740% or over $800,000,000,000.00 billion dollars. Just wanted to make that clear.

Truths and reality escape the Dean O Matic

 

[rightwinger]

Most Corporate Welfare is below the radar and not direct payments

It is policy, tax codes, protecting corporate foreign investments, patent protections. After all, Corporations are people.....people who have a Congressman on speed dial

 

[zeke]

Is a no bid contract to a favored corporation qualify as welfare? No, but it should.

And do you have any idea why corporations (that have been making billions of dollars) why do we spend a dime on a corporation that is doing very well? do you know?

And did you know that those hated welfare funds going to individuals and families are.....wait for it......
among the poorest people in the country.

See the difference? Corporations are very rich and the bottom third of our population is very poor.

Who you think should get the welfare? I know. You want the corporations to have your money.

 

[WelfareQueen]

No Medicare or Social Security. This is just for Medicaid, AFDC, SNAP, CHIP, Housing Assistance, Energy Cost Assistance, SSI, and TANF

Fix this.

I would think the difference between a means tested benefit and a retirement benefit would be obvious. You do understand the difference, don't you?

 

[WelfareQueen]

Most Corporate Welfare is below the radar and not direct payments

It is policy, tax codes, protecting corporate foreign investments, patent protections. After all, Corporations are people.....people who have a Congressman on speed dial

No link...no data...just more bullshit. Post something people can evaluate and you might have an argument.

 

[WelfareQueen]

Is a no bid contract to a favored corporation qualify as welfare? No, but it should.

And do you have any idea why corporations (that have been making billions of dollars) why do we spend a dime on a corporation that is doing very well? do you know?

And did you know that those hated welfare funds going to individuals and families are.....wait for it......
among the poorest people in the country.

See the difference? Corporations are very rich and the bottom third of our population is very poor.

Who you think should get the welfare? I know. You want the corporations to have your money.

I made no moral argument. You are. I just provided data. The facts speak for themselves. Corporate welfare costs are a tiny fraction of individual welfare costs. One more talking point destroyed. I feel my work is done here.

 

[SwimExpert]

I would think the difference between a means tested benefit and a retirement benefit would be obvious. You do understand the difference, don't you?

I don't think you understand how Social Security works. You're speaking nonsense and don't even know it.

 

[zeke]

If you make "no moral judgement" then why the fuck post the information?

All anyone has to do is read a couple of your posts to figure out that you loves you some corporate welfare and hate you some individual welfare.

So is a no bid government contract corporate welfare. No moral judgement to be made. Just a simple question. It a "yes" or a "no".

See how easy that was.
How many dollars can you add to corporate welfare if you add in no bid contracts? How much corporate welfare for government contractors with a time and material bid? You know, those bids that start out reasonable that balloon into billions and billions of cost overruns. That no one in the government says a thing about.

And when does corporate welfare cut off? Hell people loose their benefits in a matter of months or a couple years.

The defense contractors and mega farms have had their corporate welfare for decades.

You were going to try and kick some poor people while they are down again. Gee. Why am I not surprised.

 

[Seawytch]

Hmmm, let's see...if we took away corporate welfare the corporations would be "hurt", right?

Dec 2012:

In the third quarter, corporate earnings were $1.75 trillion, up 18.6% from a year ago, according to last week'si gross domestic product report. That took after-tax profits to their greatest percentage of GDP in history.

I'm sure they'd be devastated.

 

[rightwinger]

Most Corporate Welfare is below the radar and not direct payments

It is policy, tax codes, protecting corporate foreign investments, patent protections. After all, Corporations are people.....people who have a Congressman on speed dial

No link...no data...just more bullshit. Post something people can evaluate and you might have an argument.

Nice dodge Queen

I don't have a link to "the sky is blue" either

 

[WelfareQueen]

If you make "no moral judgement" then why the fuck post the information?

All anyone has to do is read a couple of your posts to figure out that you loves you some corporate welfare and hate you some individual welfare.

So is a no bid government contract corporate welfare. No moral judgement to be made. Just a simple question. It a "yes" or a "no".

See how easy that was.
How many dollars can you add to corporate welfare if you add in no bid contracts? How much corporate welfare for government contractors with a time and material bid? You know, those bids that start out reasonable that balloon into billions and billions of cost overruns. That no one in the government says a thing about.

And when does corporate welfare cut off? Hell people loose their benefits in a matter of months or a couple years.

The defense contractors and mega farms have had their corporate welfare for decades.

You were going to try and kick some poor people while they are down again. Gee. Why am I not surprised.

I'll play. You seem obsessed with no-bid Government contracts. Do you mean Healthcare.gov?

 

[DiamondDave]

Does it matter?? NO form of welfare should be handed out by government

That is like asking what kind of shit smells better

 

[Kosh]

Most Corporate Welfare is below the radar and not direct payments

It is policy, tax codes, protecting corporate foreign investments, patent protections. After all, Corporations are people.....people who have a Congressman on speed dial

Sure all those poor people that pay those high taxes might disagree.

 

[Kosh]

Is a no bid contract to a favored corporation qualify as welfare? No, but it should.

And do you have any idea why corporations (that have been making billions of dollars) why do we spend a dime on a corporation that is doing very well? do you know?

And did you know that those hated welfare funds going to individuals and families are.....wait for it......
among the poorest people in the country.

See the difference? Corporations are very rich and the bottom third of our population is very poor.

Who you think should get the welfare? I know. You want the corporations to have your money.

More far left propaganda based on talking points and not facts.

 

[WelfareQueen]

Nobody is disputing the facts or the conclusions. Corporate Welfare costs the taxpayers a tiny fraction of what Individual welfare costs. That is the only point. That and ending a false talking point.


But as usual, it's devolving into the usual ad hominem attacks and bullshit. I guess that is to be expected. Enjoy ladies.

 

[rdean]

Most Corporate Welfare is below the radar and not direct payments

It is policy, tax codes, protecting corporate foreign investments, patent protections. After all, Corporations are people.....people who have a Congressman on speed dial

Exactly. Every time a state government offers lower rates and special deals to move a corporation into their state, it's a "bribe". Not complaining. It is competition. But the problem is you can't put a dollar amount on it. You can on direct subsidies. But not on state tax write-offs and special land, power and sewer deals. But you will never get the ignorant to admit it.