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Hank©[_3_]

On 9/4/2013 11:09 AM, F.O.A.D. wrote:
On 9/4/13 10:59 AM, wrote:
On Wed, 04 Sep 2013 08:15:00 -0400, "F.O.A.D." wrote:

Let's not forget the depreciation allowances airlines get for buying
equipment. These are subsidies.

What business doesn't get depreciation allowances?

You didn't answer but I bet you took an accelerated depreciation
allowance on your new printer. If you didn't, fire your accountant.

You folks are really stretching to find these mythical subsidies but
the fact is the passenger is paying more than the government gives
them back.
That is far from true in rail where the ticket price doesn't even
cover the cost of running the train.

There's nothing mythical about depreciation allowances, and they are
subsidies.

Period.

Tax incentives to encourage the purchase of stuff to help keep the
economy going and generate more taxes.