Reply
 
LinkBack Thread Tools Search this Thread Display Modes
  #1   Report Post  
posted to rec.boats
external usenet poster
 
First recorded activity by BoatBanter: Feb 2013
Posts: 6,605
Default Our great capitalist society...

On 9/4/13 7:56 PM, Mr. Luddite wrote:


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

On 9/4/13 6:51 PM, Mr. Luddite wrote:


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

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.

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

Different animal altogether. Tax breaks on investments that are
intended to stimulate purchases or further technology is one thing. Good
example is the federal tax credits given if you buy an electric or
hybrid auto or if you install solar panels on your business or house.
Those are subsidized purchases in the respect that you "get back" in tax
credits some of your investment costs.

Depreciating the value of purchases of equipment used in businesses
.... even cars .... according to a standard depreciation schedule is not
a "subsidy" of any kind or shape.



Really? The net effect is a lowering of taxes...a subsidy allowed by the
government.

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

Lowering from what? Home ownership spurs the economy in a big way.
The more people who can legitimately buy a house (and make the
payments), the more snowballing effect it has on the economy.
Construction goes up, appliance sales go up, unemployment goes down
and tax revenues increase.

It's not a subsidy. It's a tax incentive for home ownership that
increases tax revenues.





A tax incentive is a subsidy.
  #2   Report Post  
posted to rec.boats
Banned
 
First recorded activity by BoatBanter: Jun 2013
Posts: 1,692
Default Our great capitalist society...

On Wednesday, September 4, 2013 8:01:30 PM UTC-4, F.O.A.D. wrote:

A tax incentive is a subsidy.




PAID your taxes yet, you stinking heap of ****??
  #3   Report Post  
posted to rec.boats
external usenet poster
 
First recorded activity by BoatBanter: Jun 2008
Posts: 5,868
Default Our great capitalist society...

In article , says...

On 9/4/13 7:56 PM, Mr. Luddite wrote:


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

On 9/4/13 6:51 PM, Mr. Luddite wrote:


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

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.

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

Different animal altogether. Tax breaks on investments that are
intended to stimulate purchases or further technology is one thing. Good
example is the federal tax credits given if you buy an electric or
hybrid auto or if you install solar panels on your business or house.
Those are subsidized purchases in the respect that you "get back" in tax
credits some of your investment costs.

Depreciating the value of purchases of equipment used in businesses
.... even cars .... according to a standard depreciation schedule is not
a "subsidy" of any kind or shape.



Really? The net effect is a lowering of taxes...a subsidy allowed by the
government.

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

Lowering from what? Home ownership spurs the economy in a big way.
The more people who can legitimately buy a house (and make the
payments), the more snowballing effect it has on the economy.
Construction goes up, appliance sales go up, unemployment goes down
and tax revenues increase.

It's not a subsidy. It's a tax incentive for home ownership that
increases tax revenues.





A tax incentive is a subsidy.


Why is anyone talking tax policy with you, you don't believe in and have demonstrated that
you are not subject to the tax laws that speak of. When you provide proof that you have paid
all of your taxes, current and in arearrs, and your debts then maybe you will have a leg to
stand on.

Reply
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules

Smilies are On
[IMG] code is Off
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
More gimme society... [email protected] General 11 July 25th 12 06:00 PM
The Capitalist Imperative... Zombie of Woodstock General 2 April 27th 09 02:59 PM
The Great Society = The Great Failure Bob Crantz ASA 8 April 21st 07 12:28 AM
OT You know society is too litagious when.... Martin Baxter ASA 63 October 28th 06 05:14 PM
Why Conservatives are Ruining Society Curtis CCR General 9 March 20th 05 07:03 PM


All times are GMT +1. The time now is 11:27 PM.

Powered by vBulletin® Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.
Copyright ©2004-2025 BoatBanter.com.
The comments are property of their posters.
 

About Us

"It's about Boats"

 

Copyright © 2017