• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
EconomyWealth

James Talarico says the biggest ‘welfare queens’ in America are ‘the giant corporations that don’t pay a penny in income taxes’

By
Dave Smith
Dave Smith
Former Editor, U.S. News
Down Arrow Button Icon
By
Dave Smith
Dave Smith
Former Editor, U.S. News
Down Arrow Button Icon
December 20, 2025, 7:05 AM ET
James Talarico stands behind a microphone and stares out into the crowd
State Representative James Talarico, a Democrat from Texas and US Senate candidate, during a campaign event in Houston, Texas, US, on Saturday, Sept. 13, 2025.Mark Felix / Bloomberg—Getty Images

James Talarico, a 36-year-old former public school teacher and current Texas State Representative, is mounting a 2026 U.S. Senate campaign that challenges conventional wisdom about government spending and corporate responsibility. He represents a growing push to scrutinize corporate tax strategies and reframe the debate around who truly benefits from government support. His arguments about tax avoidance by Fortune 500 companies and wealthy executives are gaining traction among young voters and may influence future tax policy discussions if he gains higher office.

Recommended Video

​​During a recent taping of Jubilee Media’s web series Surrounded at the company’s Los Angeles studios, Talarico sat down with roughly 20 undecided Texas voters to debate his policy positions. The episode, which released on Monday, caught fire on social media after Talarico delivered a pointed reframing of conservative rhetoric about welfare spending. In a sharp challenge to long-standing political talking points about “welfare queens”—a term traditionally used to disparage low-income individuals receiving government benefits—Talarico flipped the script, arguing that the nation’s actual dependency on public resources flows upward, not downward.

“The biggest welfare queens in this country are the giant corporations that don’t pay a penny in federal taxes,” he said. He also extended his critique to include wealthy executives, adding “the biggest welfare queens are the CEOs who get a tax deduction for flying on a private jet.”

Corporate tax avoidance as hidden welfare

Talarico’s argument strikes at a real issue: Some of America’s largest corporations have legally structured their tax arrangements to minimize or eliminate federal income tax liability. This practice has drawn scrutiny from policymakers across the political spectrum and sparked ongoing debates about tax code reform.​ So, rather than accepting that welfare is primarily a lower-income issue, he argues the problem is systemic and benefits the wealthy.

Talarico said his background as a middle school language arts teacher at Rhodes Middle School in San Antonio informed many of his policy positions.

“I was a public school teacher, so I saw how when kids showed up hungry, they couldn’t learn,” he told local ABC affiliate KSAT in October. “Even my brightest students, even my hardest working students couldn’t succeed. Couldn’t pull themselves up by their bootstraps when they didn’t have boots.”​

To illustrate the point, he invoked a metaphor about teaching someone to fish: “If you’re gonna take your friend out on a boat for the day to teach him how to fish, you wanna make sure he had breakfast that morning. You wanna make sure he’s not sick, because that allows him to learn how to fish again,” he said.​

A platform around corporate accountability

Since his election to the Texas House in 2018 at age 28, Talarico has positioned himself as a champion of legislation targeting corporate and pharmaceutical industry practices. He was instrumental in passing legislation capping insulin copays at $25 per month in Texas and enabling the importation of lower-cost medications from Canada.

His Senate campaign messaging appears to hinge on this core idea: that fairness and personal responsibility should apply equally to billionaires and working people.

“We don’t want dependency. We want to reward hard work. And I think that should apply to those billionaires, not just working people,” he said during the recent taping.

​You can watch the entire Surrounded episode featuring James Talarico below:

The Fortune 500 Innovation Forum will convene Fortune 500 executives, U.S. policy officials, top founders, and thought leaders to help define what’s next for the American economy, Nov. 16-17 in Detroit. Apply here.
About the Author
By Dave SmithFormer Editor, U.S. News

Dave Smith is a writer and editor who also has been published in Business Insider, Newsweek, ABC News, and USA Today.

See full bioRight Arrow Button Icon

Latest in Economy

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Economy

Donald Trump stands behind a podium, mimicking holding a gun.
EconomyCurrency
‘Different from anything in the past 80 years of dollar dominance’: U.S. sanctions spur a ‘paradox’ pushing allies away from American currency
By Sasha RogelbergMay 6, 2026
2 hours ago
mckinsey
CommentaryProductivity
The U.S. leads in 14 of 18 industries shaping the future economy — but the lead isn’t guaranteed
By Kevin Russell, Chris Bradley and Kweilin EllingrudMay 6, 2026
3 hours ago
U.S. President Donald Trump holds up a chart while speaking during a “Make America Wealthy Again” trade announcement event in the Rose Garden at the White House on April 2, 2025 in Washington, DC.
EconomyTariffs
A year after Liberation Day, Trump’s tariffs have done ‘significant damage’ to the U.S. economy, says Moody’s chief economist
By Eleanor PringleMay 6, 2026
4 hours ago
The war with Iran is ‘over’ but the jet fuel crisis is about to begin
EnergyMarkets
The war with Iran is ‘over’ but the jet fuel crisis is about to begin
By Jim EdwardsMay 6, 2026
6 hours ago
melania
CommentaryEducation
Teachers union chief: Melania Trump’s robot reveals what this administration really thinks of children
By Randi WeingartenMay 6, 2026
6 hours ago
ludwig
CommentaryInflation
Former Comptroller: the cost of living has risen 106% since 2001. Government inflation data doesn’t show it
By Gene LudwigMay 6, 2026
6 hours ago

Most Popular

Current price of oil as of May 5, 2026
Personal Finance
Current price of oil as of May 5, 2026
By Joseph HostetlerMay 5, 2026
1 day ago
Clean energy's winning argument is the one it refuses to make
Commentary
Clean energy's winning argument is the one it refuses to make
By David CraneMay 5, 2026
1 day ago
A Michigan farm town voted down plans for a giant OpenAI-Oracle data center. Weeks later, construction began
Magazine
A Michigan farm town voted down plans for a giant OpenAI-Oracle data center. Weeks later, construction began
By Sharon GoldmanMay 6, 2026
8 hours ago
Tokyo is throwing out its strict office dress code and asking workers to wear shorts amid the war in Iran energy crisis
Success
Tokyo is throwing out its strict office dress code and asking workers to wear shorts amid the war in Iran energy crisis
By Emma BurleighMay 5, 2026
23 hours ago
Economists have found an answer to slowing cognitive decline: avoid retiring early, study finds
Economy
Economists have found an answer to slowing cognitive decline: avoid retiring early, study finds
By Sasha RogelbergMay 5, 2026
23 hours ago
Gen Z workers say showing up 10 minutes late to work is as good as on time—but baby boomer bosses have zero tolerance for tardiness, research reveals
Success
Gen Z workers say showing up 10 minutes late to work is as good as on time—but baby boomer bosses have zero tolerance for tardiness, research reveals
By Orianna Rosa RoyleMay 5, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.