Even as the federal government executes major cutbacks, it’s giving huge subsidies in the form of tax breaks to industry, a fact legislators rarely acknowledge. The Boston Globe recently published a thorough and eye-popping report detailing the nature and extent of these breaks. A must-read.
There’s a misconception spreading that Citizens United is an extension of corporate personhood. It’s not. While it’s true that Citizens United strengthened 1st amendment protections for corporations, the basis for that protection isn’t personhood. Rather, the court’s decision rests on something else.