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Corporate Welfare in the Federal Tax System

Corporate Welfare in the Federal Tax System

Frequently, entitlement reform is discussed among policymakers as a way to reduce government spending, but the entitlement reform discussed often concerns individual entitlements, not those directed toward corporations. A recent examination of the federal tax code by the Cato Institute’s Tad DeHaven found that each year corporate welfare in the tax code cost taxpayers nearly $100 billion.