Absolutely true.
Here's yet another example of American corporate welfare - $40 billion taken from government revenue and given straight to corporate profits.
https://www.nytimes.com/2026/05/29/business/economy/offshore-tax-havens-trump.html?unlocked_article_code=1.mlA._Qxf.Oqlh6e7-t2zo&smid=nytcore-android-share