All over the country, cities and states provide handouts and special advantages to the well-connected, using YOUR tax dollars.
When the government hands out subsidies and tax breaks, it essentially picks winners and losers in business. That undermines competition and favors politically-connected companies over everyone else. This isn’t the way business should be done.
Corporate welfare is especially problematic in Tennessee. Since 1995, Tennessee has awarded more than 9,200 subsidies to private companies, costing Tennesseans $4.3 billion. Most recently, the state and Nashville offered Amazon $102 million worth of incentives to lure the company to Nashville.
Taxpayers bear the heaviest burden when it comes to corporate welfare. Our state and cities make promises to companies that don’t need handouts, then ask us to write the check.
Tell your lawmaker to stop handing out your tax dollars to corporations.