Vegas Free-for-All - Nevada Governor signs $1.3 billion tax break package for electric car maker Tesla

Nevada Governor signs $1.3 billion tax break package for electric car maker Tesla

Boilerman

Sep 16, 2014
3:17am

If a rich guy is paying 50% of his income in taxes, and suddenly the government only takes 45%, PJ believes that this is a giveaway from the government. Apparently, some Liberals believe that all personal income is the property of government to be given away as Obama sees fit.

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Originally posted by: pjstroh

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Originally posted by: CowboyKell

The difference between a subsidy and a tax break is HUGE...MONUMENTAL.

Unless you're good at math...then not so much.

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Originally posted by: CowboyKell

Saying that you do not see the difference makes me lose respect for your arguments.

Crushing - but I'm a survivor. I'll do my best to get along without your respect.

hoops2

Sep 16, 2014
4:33am

Block User

I believe most airports make money thru landing fees, rents from vendors, sales tax on sales in the airport, parking etc

pjstroh

Sep 16, 2014
5:31am

Block User

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Originally posted by: Boilerman
If a rich guy is paying 50% of his income in taxes, and suddenly the government only takes 45%, PJ believes that this is a giveaway from the government.

Yes...and if Boilerman gets some assistance from his calculator he will see the math adds up exactly the same way as a "rich guy" paying the full 50% in taxes while receiving a check back as a 5% subsidy.

But (despite the math being the same) the first scenario helps Boilerman sleep better at night. And I'm all for that.

Boilerman

Sep 16, 2014
6:53am

Block User

I do not believe in rewarding a company for being unprofitable. Tesla, for example.

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Originally posted by: pjstroh

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Originally posted by: Boilerman
If a rich guy is paying 50% of his income in taxes, and suddenly the government only takes 45%, PJ believes that this is a giveaway from the government.