Subsidies

In order to achieve a free economy in which government victimizes no one for the benefit of anyone else, we oppose all government subsidies. Relief from taxation is not a subsidy. The promotion and development of private business should be in the hands of marketplace entrepreneurs. We therefore call for the abolition of all agencies that distribute special privileges and subsidies to business and farming concerns.

In particular, we call for the elimination of the state government’s principal dispenser of welfare to business, the Department of Commerce, and with its demise, the elimination of the Office of Business Development, the Office of Small Business with its government loan programs, the Office of Local Development, the Office of Foreign Investment, the Office of Competitive Technology, the California Film Commission, and the Office of Tourism.

We oppose subsidies to military industries even when they are attempting to convert to civilian activities. Such subsidies prolong dependence on government funds and divert companies from seeking to discover what consumers (rather than politicians) want. We likewise oppose subsidies to communities adjacent to military bases that the U.S. Department of Defense has closed down, and we oppose their transformation into Project Areas under California Redevelopment laws. Only complete privatization of the sites can provide a sound and enduring basis for restoring economic prosperity to such communities.