Summary
The elimination of corporate welfare is an economic and a moral imperative for the US government. This tax-and-spend brand of economics only supports counterproductive government spending, which is mostly devoted to silly technological research programs. These investments only subsidize the rich, compete unfairly with private industry, spend without benefits or spend at the expense of the industry. Corporate subsidies allocated to these types of programs are immoral and un-American because they compel the government to tax working people who work hard just to survive for the purpose of subsidizing corporations and other investments. Moreover, taxing the rich to finance weakly planned government programs merely transfers money and investment decisions away from tried-and-tested profit makers and job generators to unproven amateurs.
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End corporate welfare now!
A Republican Congress promised to attack head on federal spending that provides unique benefits to specific companies or industries. Instead the subsidies are increasing and creating a reverse Robin Hood effect.
Silicon Valley is the engine that drives the American economy. And what drives Silicon Valley is the spirit of invention at the heart of its thousands of engineer/entrepreneurs - and the tens of thousands of new products they make each year for the consumer, communications, networking, and automotive industries, all of which are increasingly dependent upon sili...See the full content of this document
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