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#2
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In article , says...
On 9/4/13 8:12 AM, iBoaterer wrote: In article , says... On Tue, 3 Sep 2013 15:47:37 -0400, iBoaterer wrote: In article , says... On Tue, 03 Sep 2013 11:48:38 -0400, Wayne.B wrote: On Tue, 03 Sep 2013 10:58:12 -0400, wrote: What "subsidy". === The FAA and the air traffic control system. ATC could easily be privatized (like Canada), as could TSA (it used to be). Sure it could, and then the airlines would go broke without the subsidy. That is nothing more than governmental creep. If the airlines had to pay back every dime of the FAA cost of ATC it would be about $10 a flight per passenger. A private operator would do it cheaper, no doubt. cite? Once you actually dig into the numbers, the whole idea of an airline "subsidy" falls apart. These are services 100% funded by ticket taxes http://tinyurl.com/l8m7yp4 Thank you, good job. Ticket taxes are subsidies. In fact the DOT is actually making over a billion dollars on these taxes, presumably being spent on other projects. Cite that. They collect about $18 billion in ticket taxes and fees, the total aviation budget for aviation is a tad over $16 billion. http://www.dot.gov/sites/dot.dev/fil...ial-report.pdf Expense Air Transportation 16,004,333 Here's more on the subsidies to airlines that apparently you don't know about: http://tinyurl.com/l2sgahq Let's not forget the depreciation allowances airlines get for buying equipment. These are subsidies. Let's not forget about all of the union labor that is used to build those new airplanes that the government allows the airlines to depreciate. Your view of economics is stilted. |
#3
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#4
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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. |
#5
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posted to rec.boats
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#6
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posted to rec.boats
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On 9/4/13 4:44 PM, Mr. Luddite wrote:
"F.O.A.D." wrote in message m... 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. ---------------------------- My business made significant investments in manufacturing and engineering equipment. They were depreciated as allowed under tax laws every year. I never knew they were a "subsidy". Same sort of subsidy as homeowners get on their mortgage interest. |
#7
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posted to rec.boats
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![]() "F.O.A.D." wrote in message m... On 9/4/13 4:44 PM, Mr. Luddite wrote: "F.O.A.D." wrote in message There's nothing mythical about depreciation allowances, and they are subsidies. Period. ---------------------------- My business made significant investments in manufacturing and engineering equipment. They were depreciated as allowed under tax laws every year. I never knew they were a "subsidy". Same sort of subsidy as homeowners get on their mortgage interest. ------------------------------------- How the heck is that a "subsidy"? Does MD have an excise tax on automobiles like MA does? Should you pay taxes on the current new value of a car, even if it's 10 years old? |
#8
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posted to rec.boats
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On 9/4/13 6:45 PM, Mr. Luddite wrote:
"F.O.A.D." wrote in message m... On 9/4/13 4:44 PM, Mr. Luddite wrote: "F.O.A.D." wrote in message There's nothing mythical about depreciation allowances, and they are subsidies. Period. ---------------------------- My business made significant investments in manufacturing and engineering equipment. They were depreciated as allowed under tax laws every year. I never knew they were a "subsidy". Same sort of subsidy as homeowners get on their mortgage interest. ------------------------------------- How the heck is that a "subsidy"? Does MD have an excise tax on automobiles like MA does? Should you pay taxes on the current new value of a car, even if it's 10 years old? You don't think the home mortgage tax deduction is a subsidy of home ownership? |
#9
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posted to rec.boats
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![]() "F.O.A.D." wrote in message m... On 9/4/13 6:45 PM, Mr. Luddite wrote: "F.O.A.D." wrote in message m... On 9/4/13 4:44 PM, Mr. Luddite wrote: "F.O.A.D." wrote in message There's nothing mythical about depreciation allowances, and they are subsidies. Period. ---------------------------- My business made significant investments in manufacturing and engineering equipment. They were depreciated as allowed under tax laws every year. I never knew they were a "subsidy". Same sort of subsidy as homeowners get on their mortgage interest. ------------------------------------- How the heck is that a "subsidy"? Does MD have an excise tax on automobiles like MA does? Should you pay taxes on the current new value of a car, even if it's 10 years old? You don't think the home mortgage tax deduction is a subsidy of home ownership? --------------------------- No, I don't. I see it as a tax credit intended to encourage home ownership for as many as possible. It's not like someone else is paying the amount of the tax credit in order for you to get it. *That* would be a tax subsidy. |
#10
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posted to rec.boats
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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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