Kind of.You and I are neighbors. Once a month when you go for your daily walk with your dog, I sneak into your home and steal $100.00. After a while I feel guilty, and decide I'm only going to steal $75.00 a month instead. Did I just give you $25.00 a month by doing that?
It's exactly the same thing.
The government takes that $100, gives it to corporations, the citizens of that county/state/federal government are on the hook for the entire amount.
After 10 or 20 years the taxpayers may see that $25.