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L.A. Times Exposes Corporate Welfare for Apple in Iowa

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Why should rich companies get corporate welfare to do stuff that thy already have decided to do?

The mainstream media occasionally notice that corporate welfare is regressive and perverse. Why should the state steal from the poor and give to the rich? Outright socialism almost makes more sense since the government simply gives benefits to the needy and, at least in theory, doesn’t give cash to big business.

Thus, columnist Michael Hiltzik writes in the L.A. Times, “Iowa’s handout to Apple illustrates the folly of corporate welfare deals.

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