Corporate welfare must end

The Messenger. Forty Dodge, Iowa: Changes in the tax code proposed by President Barack Obama no doubt will be debated hotly in Congress. While his plan to reduce corporate taxes is appealing, his back-door strategy to keep pumping money into the federal treasury by massive tax increases elsewhere is not.

But most members of Congress should be able to unite behind another of Obama’s recommendations — to eliminate corporate welfare-style tax breaks for certain types of businesses.

The idea is nothing new. It has been suggested ... for decades. In the past, however, powerful special interests have been able to block changes in their cherished loopholes and subsidies.

It is time to make a clean sweep of corporate welfare ... because continuing to subsidize profitable big businesses is wrong.