"NOYB" wrote in message
nk.net...
"Doug Kanter" wrote in message
...
"NOYB" wrote in message
ink.net...
"basskisser" wrote in message
om...
Harry Krause wrote in message
...
NOYB wrote:
"thunder" wrote in message
news
Now, do you want to talk about my subsidizing your raising
children
(tax deduction for children)? ;-)
A tax credit or tax deduction is *not* a subsidy. I'm only
getting
back
money I shouldn't have paid in the first place...but it's still
my
money.
Of course a tax credit or deduction is a subsidy. You need a
better
dictionary.
A tax credit is a subsidy? No more so than if you overpay any
private
sector entity. It's my money, they are simply giving me back some of
my money. If you paid your car insurance, and after you sent the
payment in, the premium went down, so they send a portion of that
back
to you, would you then say that the insurance company is subsidising
your next road trip?
Ding, ding, ding, ding, ding. Stop the presses!!! basskisser and I
agree
for once! I really like the insurance premium analogy. What's Harry
have
to say about *that*?
(basskisser, please don't tell me that you thought *I* said a tax
credit
isn't a subsidy. Harry is the one who said it)
How about the ridiculous break you can get for buying a Hummer? What
label
would you apply to that?
An unfortunate loophole.
I would label it as "The stupid politico's we elected screwed up again!"