Wyoming Liberty Group

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Corporate Welfare in Sheep’s Clothing

Governments everywhere favor some companies over others by showering them with other people’s money. In Wyoming, the constitution forbids legislators from giving tax dollars away directly, but this hasn’t stopped indirect giveaways. One giveaway is called Public Purpose Investment, or PPI. Although sold on the basis of its supposed benefits, these corporate welfare programs hurt competition and divert money to less productive uses.

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