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F.O.A.D.

On 9/4/13 4:51 PM, Mr. Luddite wrote:

"F.O.A.D." wrote in message
m...

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?

-------------------------

I don't understand what you are talking about.

I go out and buy a brand new piece of equipment for my business ....
call it a fork truck.
I pay the full value of the fork truck to the manufacturer.

I use the fork truck in the business. Over the years it depreciates in
value.
I use the depreciation tables as to it's value when filing taxes.

How the hell is *that* a subsidy?

Special tax breaks for depreciation are tax expenditures because they
are government spending programs that give out tax breaks instead of
direct payments.

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