🤝 The Companies Benefitting the Most From U.S. Taxpayer Support
What We’re Showing:
This chart visualizes the companies which have received the most U.S. government subsidies since the year 2000.
ℹ️ Subsidies can take the form of tax credits, abatements, training reimbursements, and direct grants.
Data is sourced from D.C.-based non-profit Good Jobs First’s subsidy tracking database, accessed November 2024.
Boeing’s Big Brother Backer
Over the last quarter of a century Boeing has received nearly $16 billion in government subsidies.
Most of this has come from Washington State, which has nine preferential tax rates that benefit the aerospace industry.
For context, Boeing has an assembly plant in the city of Everett—reportedly the largest manufacturing facility in the world where it makes the 747, 767, 777, and the 787 airplanes.
Intel's $8 Billion Lifeline
The Biden Administration has approved nearly $8 billion in federal funding from the CHIPS Act, to help bolster American semiconductor manufacturing.
Currently TSMC—a Taiwanese company—is the market leader in the space.