President Donald Trump is prioritizing major tax reforms, including a large corporate tax rate cut. The cut has broad support and promises to spur growth, but it will face political opposition if it widens the already rising budget deficit. As such, President Trump would do well to pair his corporate tax cut with a cut in “corporate welfare” spending.
Trump promised to “drain the swamp” of Washington special interests, and a great way to do that would be to cut government hand-outs to businesses. We can make American corporations great again by cutting their tax burdens and weaning them off subsidies.

Here is a package of 15 corporate welfare cuts, which would save about $50 billion a year: