Corporate Welfare
With amusement I read yesterday that multi-millionaire Dick Hubbard got $100,000 “assistance” from the taxpayer for his company.
I don’t have a problem with the concept that the Government can do some good by assisting small start-up businesses, but to be honest I object to my hard earned income going towards someone worth tens of millions of dollars. And often with these schemes the small struggling start-up business is far too busy to learn about how to juice money out of taxpayers, while wealthy more established companies can have staff whose only jobs is to get as much money as possible out of these well intentioned schemes.
Worth reading commentary by Mother Bhatnagar and Mother Hide.