corporate welfare

financial assistance, as tax breaks or subsidies, given by the government to profit-making companies, especially large corporations.

Origin:
1990–95, Americanism

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Based on the Random House Dictionary, © Random House, Inc. 2013.
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Corporate welfare is always a great word to know.
So is lollapalooza. Does it mean:
a stew of meat, vegetables, potatoes, etc.
an extraordinary or unusual thing, person, or event; an exceptional example or instance.
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Example sentences
Tax expenditures are socialism and corporate welfare.
Let's get rid of the corporate welfare that promotes inequality based on
  political influence and bureaucratic favoritism.
There are so many forms of corporate welfare out there to choose from.
They appear, from other reports, to be subsisting on corporate welfare as well
  as the largesse of the rest of us.
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