Personal tools

Skip to content. | Skip to navigation

Sections
You are here: Home Newsroom Education News Roundup Archive 2010 June 2010 Corporate welfare and California's budget deficit

Corporate welfare and California's budget deficit

  • 06-24-2010
  • Bookmark and Share

Column by Michael Hiltzik/Los Angeles Times

I believe we can all agree on the root cause of the state's $20-billion budget gap. It's welfare: all those millions of taxpayer dollars going to recipients who line up for their government handouts instead of competing in the marketplace on a level playing field like the rest of us, who don't pay their fair share of taxes and who get protected by a politically powerful lobby. Yes, I'm talking about the business community. For all the hand-wringing by Gov. Arnold Schwarzenegger about how there's almost nothing left to cut in the state budget except services to children, the aged and the destitute, hundreds of millions of dollars are spent every year on handouts to business. (more...)

Document Actions
Connect with IDEA
Subscribe to the news roundup

 

facebook-portlet

 

twitter-portlet

 

rss-portlet