Valox
Senior Member
- Dec 1, 2011
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All those links claim...
A tax subsidy is not a handout, it is a selective tax reduction. The government doesn't give $4.6 billion in subsidies, but gives tax breaks worth that amount.
There is a difference.
Give handouts to big oil, gas and coal or protect Head Start, child care, and Social Security services? Eliminating tax subsidies for the oil, gas and coal industries would raise an average $4.6 billion annually,11 more than the $2.8 billion needed to protect current Head Start and child care services plus $1.7 billion to fully fund Social Security offices.
A tax subsidy is not a handout, it is a selective tax reduction. The government doesn't give $4.6 billion in subsidies, but gives tax breaks worth that amount.
There is a difference.