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Tax breaks, grants and ‘pay-to-play’ politics

By Robert Holly | May 12, 2015

Powerful agribusiness companies that regularly net billions in profits are major recipients of state and federal tax breaks, subsidies, grants and loans. Just seven of those companies have pocketed billions since 2000, according to government subsidy data from Good Jobs First. Tax experts say the companies get that money, at least in part, because of political muscle.

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Agribusiness companies capitalize on tax breaks, grants, subsidies and loans

By Robert Holly | May 12, 2015

Tens of millions of people live off of government welfare in the United States. Some say that giant agriculture corporations do, too. An analysis of data attained by the policy research organization Good Jobs First shows that just seven agribusinesses have received billions of dollars in state and federal grants, subsidies, loans and tax breaks throughout the past few decades. Critics call this vast pool of government funds "corporate welfare."

About Us

Investigate Midwest is an independent, nonprofit newsroom. Our mission is to serve the public interest by exposing dangerous and costly practices of influential agricultural corporations and institutions through in-depth and data-driven investigative journalism.

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Investigate Midwest is an independent, nonprofit newsroom. Our mission is to serve the public interest by exposing dangerous and costly practices of influential agricultural corporations and institutions through in-depth and data-driven investigative journalism.

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