Here’s How Corporate Subsidies Are Exacerbating the Racial Wealth Gap

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Government subsidies of $50 million or above are almost entirely going to companies run by white men.

. Their online presence and their warehouse workers mean that a lot of the retail jobs that used to exist have been cannibalized. So it’s really just been a transfer of jobs, in a lot of cases.

That’s right. And Dorothy Brown, we had a conversation, and one of the points that I’ve heard her make isaround some of the tax returns of some of the wealthiest people in the world, and just how much they’re avoiding paying taxes.doesn’t take that extra step to say, by the way, the people who are avoiding paying taxes, who aren’t paying what everyone else is paying, are the richest people in the world, who are white. So I think she does a good job of doing that.

And it wasn’t these other things that were being cut; police and fire were being fully funded. Those are both professions that tend to have, again, high populations of white men who occupy thoseSo, yes, I think there is a need, and communities benefit from, really, that conversation becoming a lot more explicit than it’s been.

I remember covering a county museum that was looking to get some money, and there was city council meeting after city council after city council meeting about whether this museum should get a million dollars over five years, or whatever the case was, whereas other communities, and we write about these a lot, they will approve a $300 million subsidy behind closed doors, with no one knowing about it. And it’s touted as a good thing for the community.

So yes, we do try to make these databases very accessible and easy to use. We’re trying to do the research for you, for journalists.

 

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