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Lax government policy may be to blame.
Today is the first day of the World Economic Forum (WEF) in Davos (Jan 22-25). Many surveys and analysis will be presented at the Forum and side events outlining the problems and solutions the world and nations face. Here are some points of view that you will NOT likely hear coming out of WEF.
Can a company truly be considered a good corporate citizen while taking money from taxpayers through corporate welfare? Corporate welfare happens when a government makes a political decision to use tax dollars to favour one company over another. While all of us understand we need to pay taxes to fund societal benefits like hospitals, schools and infrastructure, most feel government should not use our money to pick winners and losers in business by handing out grants to specific companies.