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Our great capitalist society...
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F.O.A.D.
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First recorded activity by BoatBanter: Feb 2013
Posts: 6,605
Our great capitalist society...
On 9/4/13 12:16 PM,
wrote:
On Wed, 04 Sep 2013 11:09:12 -0400, "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.
Every business in the US gets them too (even your little hobby). That
is not the same as a direct cash infusion like we give passenger rail.
A subsidy by any other name would not smell as sweet, eh?
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